Karstad Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Karstad Holding ApS
Karstad Holding ApS (CVR number: 38434667) is a company from KØBENHAVN. The company recorded a gross profit of -5.5 kDKK in 2023. The operating profit was -5.5 kDKK, while net earnings were 246.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 43.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Karstad Holding ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.88 | -5.00 | -5.00 | -5.25 | -5.54 |
EBIT | -6.88 | -5.00 | -5.00 | -5.25 | -5.54 |
Net earnings | -5.37 | -5.00 | 95.66 | 311.33 | 246.72 |
Shareholders equity total | 175.54 | 204.94 | 300.59 | 498.92 | 627.84 |
Balance sheet total (assets) | 280.38 | 210.18 | 305.59 | 504.17 | 1 148.18 |
Net debt | -2.94 | - 103.29 | - 170.98 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -3.0 % | -2.0 % | 36.8 % | 76.6 % | 29.9 % |
ROE | -3.0 % | -2.6 % | 37.8 % | 77.9 % | 43.8 % |
ROI | -3.9 % | -2.6 % | 37.6 % | 77.6 % | 30.0 % |
Economic value added (EVA) | -14.45 | -13.82 | -14.20 | -20.35 | -30.61 |
Solvency | |||||
Equity ratio | 62.6 % | 97.5 % | 98.4 % | 99.0 % | 54.7 % |
Gearing | 82.9 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 24.4 | 25.4 | 62.1 | 2.0 |
Current ratio | 2.2 | 24.4 | 25.4 | 62.1 | 2.0 |
Cash and cash equivalents | 2.94 | 103.29 | 691.31 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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