Karmdal Tagdækning ApS — Credit Rating and Financial Key Figures

CVR number: 37215775
Stubskovvej 2, 9560 Hadsund

Credit rating

Company information

Official name
Karmdal Tagdækning ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Karmdal Tagdækning ApS

Karmdal Tagdækning ApS (CVR number: 37215775) is a company from MARIAGERFJORD. The company recorded a gross profit of 879.9 kDKK in 2023. The operating profit was 165 kDKK, while net earnings were 105.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Karmdal Tagdækning ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit954.171 007.66920.92769.57879.91
EBIT299.57331.39247.95152.63165.03
Net earnings223.58237.40173.9976.87105.14
Shareholders equity total344.62382.03356.01432.88538.01
Balance sheet total (assets)1 564.681 836.271 970.861 839.872 002.05
Net debt59.42- 442.48438.48737.43627.18
Profitability
EBIT-%
ROA21.0 %19.5 %13.2 %8.5 %9.9 %
ROE42.0 %65.3 %47.1 %19.5 %21.7 %
ROI40.0 %35.1 %21.8 %12.6 %14.9 %
Economic value added (EVA)222.97259.11229.76120.16112.26
Solvency
Equity ratio22.0 %20.8 %18.1 %23.5 %26.9 %
Gearing131.0 %185.9 %244.2 %207.8 %121.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.00.60.6
Current ratio1.31.21.21.01.1
Cash and cash equivalents391.971 152.75430.78162.1327.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.88%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.9%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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