KARG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 143.13 | 109.18 | 58.19 | 58.33 | 56.58 |
EBIT | 39.63 | -4.77 | -18.84 | -18.49 | -19.02 |
Net earnings | 29.49 | -5.23 | -15.62 | -13.68 | -22.52 |
Shareholders equity total | 256.09 | 250.85 | 235.23 | 221.55 | 199.03 |
Balance sheet total (assets) | 565.50 | 553.41 | 536.14 | 514.22 | 501.96 |
Net debt | 29.69 | -60.28 | -0.53 | -27.00 | - 170.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.1 % | -0.9 % | -3.5 % | -3.3 % | -3.5 % |
ROE | 12.2 % | -2.1 % | -6.4 % | -6.0 % | -10.7 % |
ROI | 7.6 % | -0.9 % | -3.6 % | -3.5 % | -3.6 % |
Economic value added (EVA) | 29.84 | -4.07 | -10.26 | -12.19 | -10.60 |
Solvency | |||||
Equity ratio | 45.3 % | 45.3 % | 43.9 % | 43.1 % | 39.7 % |
Gearing | 108.9 % | 111.2 % | 118.6 % | 125.9 % | 145.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.8 | 1.8 | 1.7 | 1.6 |
Current ratio | 1.8 | 1.8 | 1.8 | 1.8 | 1.7 |
Cash and cash equivalents | 249.19 | 339.15 | 279.40 | 305.88 | 460.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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