KAREN KONGE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAREN KONGE HOLDING ApS
KAREN KONGE HOLDING ApS (CVR number: 29153310) is a company from MIDDELFART. The company recorded a gross profit of -40.7 kDKK in 2024. The operating profit was -71.8 kDKK, while net earnings were -44.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KAREN KONGE HOLDING ApS's liquidity measured by quick ratio was 1.8 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 | 884.76 | 1 442.51 | 1 116.00 | 1 232.00 | -40.68 |
EBIT | 228.85 | 325.00 | 26.00 | 99.00 | -71.79 |
Net earnings | 284.52 | 487.05 | - 114.00 | 213.00 | -44.74 |
Shareholders equity total | 692.11 | 1 179.16 | 1 065.00 | 1 278.00 | 1 172.51 |
Balance sheet total (assets) | 2 006.85 | 2 831.65 | 2 208.00 | 2 339.00 | 2 157.61 |
Net debt | -1 310.27 | -1 304.67 | -1 217.00 | -1 173.00 | -1 145.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.9 % | 26.7 % | 2.7 % | 12.8 % | 3.2 % |
ROE | 51.7 % | 52.1 % | -10.2 % | 18.2 % | -3.7 % |
ROI | 63.9 % | 56.5 % | 4.7 % | 21.9 % | 5.5 % |
Economic value added (EVA) | 153.06 | 215.48 | -56.55 | 11.51 | - 132.93 |
Solvency | |||||
Equity ratio | 34.5 % | 41.6 % | 48.2 % | 54.6 % | 54.3 % |
Gearing | 9.3 % | 29.5 % | 22.8 % | 5.6 % | 6.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.4 | 1.7 | 1.8 |
Current ratio | 1.5 | 1.6 | 1.8 | 1.7 | 1.8 |
Cash and cash equivalents | 1 374.30 | 1 652.10 | 1 460.00 | 1 245.00 | 1 216.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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