Karen Krogh ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Karen Krogh ApS
Karen Krogh ApS (CVR number: 36559071) is a company from JAMMERBUGT. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 16.4 % compared to the previous year. The operating profit percentage was at 25.2 % (EBIT: 0 mDKK), while net earnings were 38.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.3 %, which can be considered excellent and Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. Karen Krogh ApS's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 23.06 | 17.92 | 73.74 | 166.83 | 194.15 |
Gross profit | -1.75 | 4.94 | 6.37 | 41.70 | 59.80 |
EBIT | -1.75 | 4.94 | 6.37 | 13.99 | 48.83 |
Net earnings | -1.75 | 4.90 | 4.94 | 10.51 | 38.12 |
Shareholders equity total | 6.22 | 5.75 | 70.59 | 87.99 | 125.30 |
Balance sheet total (assets) | 13.91 | 13.38 | 85.61 | 104.19 | 198.64 |
Net debt | -3.23 | -5.72 | -71.96 | -84.20 | - 112.32 |
Profitability | |||||
EBIT-% | -7.6 % | 27.6 % | 8.6 % | 8.4 % | 25.2 % |
ROA | -11.7 % | 36.2 % | 12.9 % | 14.7 % | 32.3 % |
ROE | -24.7 % | 81.8 % | 12.9 % | 13.3 % | 35.7 % |
ROI | -20.9 % | 82.6 % | 15.5 % | 16.9 % | 45.6 % |
Economic value added (EVA) | -1.88 | 4.79 | 4.70 | 14.01 | 41.03 |
Solvency | |||||
Equity ratio | 44.7 % | 43.0 % | 82.4 % | 84.5 % | 63.1 % |
Gearing | 8.3 % | 0.9 % | |||
Relative net indebtedness % | 19.4 % | 10.7 % | -85.2 % | -41.3 % | -20.1 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 5.3 | 6.1 | 2.7 |
Current ratio | 1.8 | 1.8 | 5.7 | 6.4 | 2.7 |
Cash and cash equivalents | 3.23 | 5.72 | 77.84 | 85.04 | 112.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.9 | 32.0 | 8.4 | 28.6 | 154.8 |
Net working capital % | 27.0 % | 32.1 % | 95.7 % | 52.7 % | 49.1 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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