KARSTEN MADSEN HOLDING ApS — Credit Rating and Financial Key Figures

KARSTEN MADSEN HOLDING ApS (CVR number: 26774284) is a company from VARDE. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of -187.4 % compared to the previous year. The operating profit percentage was at 41 % (EBIT: 0 mDKK), while net earnings were 6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. KARSTEN MADSEN 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.