Kartago Capital A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kartago Capital A/S
Kartago Capital A/S (CVR number: 40859586) is a company from GENTOFTE. The company recorded a gross profit of 2287.4 kDKK in 2023. The operating profit was -6642.3 kDKK, while net earnings were 8120.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 35.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kartago Capital A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -19.98 | 2 002.01 | 8 448.83 | 4 921.43 | 2 287.44 |
EBIT | -19.98 | 1 176.49 | 5 870.60 | -1 714.64 | -6 642.27 |
Net earnings | -19.35 | 911.36 | 24 033.37 | -1 193.22 | 8 120.16 |
Shareholders equity total | 9 980.65 | 10 892.01 | 34 925.38 | 18 806.77 | 26 926.93 |
Balance sheet total (assets) | 10 000.63 | 36 681.09 | 61 804.97 | 36 972.17 | 36 207.39 |
Net debt | -1 985.19 | 24 610.20 | 15 794.18 | -2 941.87 | 4 703.27 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | 5.0 % | 52.5 % | -2.3 % | 18.8 % |
ROE | -0.2 % | 8.7 % | 104.9 % | -4.4 % | 35.5 % |
ROI | -0.2 % | 5.1 % | 54.0 % | -2.4 % | 19.5 % |
Economic value added (EVA) | -15.58 | 918.41 | 5 739.33 | -2 286.85 | -5 143.71 |
Solvency | |||||
Equity ratio | 99.8 % | 29.7 % | 56.5 % | 50.9 % | 74.4 % |
Gearing | 0.1 % | 232.4 % | 70.4 % | 88.0 % | 31.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 100.1 | 0.1 | 2.0 | 1.1 | 0.7 |
Current ratio | 100.1 | 0.1 | 2.0 | 1.1 | 0.7 |
Cash and cash equivalents | 1 995.17 | 700.32 | 8 788.83 | 19 485.40 | 3 751.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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