KARG ApS — Credit Rating and Financial Key Figures

CVR number: 29617414
Strandboulevarden 27, 2100 København Ø
tel: 33210134
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Company information

Official name
KARG ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About KARG ApS

KARG ApS (CVR number: 29617414) is a company from KØBENHAVN. The company recorded a gross profit of 56.6 kDKK in 2024. The operating profit was -19 kDKK, while net earnings were -22.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KARG ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit143.13109.1858.1958.3356.58
EBIT39.63-4.77-18.84-18.49-19.02
Net earnings29.49-5.23-15.62-13.68-22.52
Shareholders equity total256.09250.85235.23221.55199.03
Balance sheet total (assets)565.50553.41536.14514.22501.96
Net debt29.69-60.28-0.53-27.00- 170.66
Profitability
EBIT-%
ROA7.1 %-0.9 %-3.5 %-3.3 %-3.5 %
ROE12.2 %-2.1 %-6.4 %-6.0 %-10.7 %
ROI7.6 %-0.9 %-3.6 %-3.5 %-3.6 %
Economic value added (EVA)29.84-4.07-10.26-12.19-10.60
Solvency
Equity ratio45.3 %45.3 %43.9 %43.1 %39.7 %
Gearing108.9 %111.2 %118.6 %125.9 %145.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.81.81.71.6
Current ratio1.81.81.81.81.7
Cash and cash equivalents249.19339.15279.40305.88460.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.49%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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