Karlsmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Karlsmark ApS
Karlsmark ApS (CVR number: 38869175) is a company from HELSINGØR. The company recorded a gross profit of 360.7 kDKK in 2024. The operating profit was -283.4 kDKK, while net earnings were -220.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.3 %, which can be considered poor and Return on Equity (ROE) was -114.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26 %, 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. Karlsmark ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 692.22 | 692.22 | 732.70 | 585.77 | 360.71 |
| EBIT | 11.28 | 11.28 | 11.91 | 5.16 | - 283.40 |
| Net earnings | 8.01 | 8.02 | 7.10 | 4.54 | - 220.71 |
| Shareholders equity total | 290.87 | 290.87 | 297.97 | 302.51 | 81.80 |
| Balance sheet total (assets) | 545.22 | 545.22 | 504.24 | 565.85 | 314.27 |
| Net debt | - 171.34 | - 171.34 | - 371.62 | - 223.60 | 2.95 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.2 % | 2.1 % | 2.3 % | 1.1 % | -64.3 % |
| ROE | 3.0 % | 2.8 % | 2.4 % | 1.5 % | -114.9 % |
| ROI | 4.0 % | 3.9 % | 4.0 % | 1.9 % | -146.0 % |
| Economic value added (EVA) | 3.84 | 2.54 | 2.91 | 7.74 | - 225.00 |
| Solvency | |||||
| Equity ratio | 53.3 % | 53.3 % | 59.1 % | 53.5 % | 26.0 % |
| Gearing | 3.6 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 2.1 | 2.4 | 2.1 | 1.4 |
| Current ratio | 2.1 | 2.1 | 2.4 | 2.1 | 1.4 |
| Cash and cash equivalents | 171.34 | 171.34 | 371.62 | 223.60 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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