Kar+Co ApS — Credit Rating and Financial Key Figures

CVR number: 36940492
Borupvang 3, 2750 Ballerup
fh@kar.co.com

Credit rating

Company information

Official name
Kar+Co ApS
Personnel
14 persons
Established
2015
Company form
Private limited company
Industry

About Kar+Co ApS

Kar+Co ApS (CVR number: 36940492) is a company from BALLERUP. The company recorded a gross profit of 8034 kDKK in 2024. The operating profit was 331 kDKK, while net earnings were 262.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 20.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. Kar+Co ApS's liquidity measured by quick ratio was 3.3 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 profit7 141.3110 000.8311 173.607 744.578 033.99
EBIT888.09577.723 707.76559.81331.03
Net earnings686.12433.892 849.24402.77262.67
Shareholders equity total1 059.09958.981 950.221 152.991 400.66
Balance sheet total (assets)4 055.007 568.825 138.793 547.142 707.62
Net debt-1 490.30-3 371.26-1 573.40-1 051.53- 407.10
Profitability
EBIT-%
ROA26.4 %9.9 %58.4 %13.0 %10.9 %
ROE84.1 %43.0 %195.9 %26.0 %20.6 %
ROI58.6 %31.5 %201.8 %35.1 %25.6 %
Economic value added (EVA)671.00481.233 006.68319.65255.13
Solvency
Equity ratio26.1 %12.7 %38.0 %32.5 %51.7 %
Gearing17.0 %10.9 %0.7 %7.7 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.32.21.83.3
Current ratio1.71.32.21.93.3
Cash and cash equivalents1 670.303 476.261 587.581 140.53423.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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