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Carolinas Apartments ApS — Credit Rating and Financial Key Figures

CVR number: 27048447
Wildersgade 15, 1408 København K
carolinasapt@gmail.com
tel: 31510444
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Company information

Official name
Carolinas Apartments ApS
Personnel
14 persons
Established
2003
Company form
Private limited company
Industry

About Carolinas Apartments ApS

Carolinas Apartments ApS (CVR number: 27048447) is a company from KØBENHAVN. The company recorded a gross profit of 540.1 kDKK in 2024. The operating profit was -2806.4 kDKK, while net earnings were -2257 kDKK. The profitability of the company measured by Return on Assets (ROA) was -75.1 %, which can be considered poor and Return on Equity (ROE) was -117.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Carolinas Apartments ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit- 276.88537.84383.632 336.42540.08
EBIT- 277.49213.71-47.271 324.98-2 806.45
Net earnings- 360.49188.16-54.511 217.51-2 256.95
Shareholders equity total- 711.14- 524.20- 578.70638.81-1 618.15
Balance sheet total (assets)858.89777.01682.612 631.823 215.67
Net debt108.59- 406.23487.31- 394.86171.50
Profitability
EBIT-%
ROA-19.7 %14.9 %-3.7 %68.1 %-75.1 %
ROE-41.1 %23.0 %-7.5 %184.3 %-117.1 %
ROI-30.4 %22.4 %-5.2 %107.6 %-245.7 %
Economic value added (EVA)- 347.55240.40-29.981 218.30-2 282.50
Solvency
Equity ratio-45.3 %-40.3 %-45.9 %24.3 %-33.5 %
Gearing-25.3 %-34.3 %-152.4 %147.3 %-43.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.81.31.70.4
Current ratio1.11.81.31.70.4
Cash and cash equivalents71.43586.25394.341 336.08527.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBC

Variable visualization

ROA:-75.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-33.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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