Credit rating
Company information
About CARCO TEX EJENDOMSSELSKAB ApS
CARCO TEX EJENDOMSSELSKAB ApS (CVR number: 53729312) is a company from AABENRAA. The company recorded a gross profit of 180.7 kDKK in 2023. The operating profit was -1333.8 kDKK, while net earnings were -547.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CARCO TEX EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 407.00 | 230.00 | 246.00 | 246 375.00 | 180.72 |
EBIT | 206.00 | 31.00 | 47.00 | 49 296.00 | -1 333.84 |
Net earnings | 57.00 | -77.00 | -62.00 | -57 329.00 | - 547.86 |
Shareholders equity total | 1 641.00 | 1 564.00 | 1 502.00 | 1 444 522.00 | 896.66 |
Balance sheet total (assets) | 7 112.00 | 6 895.00 | 6 714.00 | 6 531 300.00 | 4 955.19 |
Net debt | 4 247.00 | 4 107.00 | 3 939.00 | 3 893 679.00 | 1 513.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 1.2 % | 1.5 % | 3.1 % | -0.0 % |
ROE | 3.5 % | -4.8 % | -4.0 % | -7.9 % | -0.1 % |
ROI | 3.7 % | 1.2 % | 1.5 % | 3.2 % | -0.0 % |
Economic value added (EVA) | 12.85 | - 109.29 | -89.14 | 34 885.89 | - 107 248.08 |
Solvency | |||||
Equity ratio | 23.1 % | 22.7 % | 22.4 % | 22.1 % | 18.1 % |
Gearing | 258.8 % | 262.6 % | 262.3 % | 269.5 % | 391.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.5 | 0.6 | 0.9 |
Current ratio | 0.5 | 0.5 | 0.5 | 0.6 | 0.9 |
Cash and cash equivalents | 8.00 | 1 998.75 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | B |
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