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Karstad Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38434667
Sortedam Dossering 59 F, 2100 København Ø
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Company information

Official name
Karstad Holding ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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-5.37-5.0095.66311.33246.72
Shareholders equity total175.54204.94300.59498.92627.84
Balance sheet total (assets)280.38210.18305.59504.171 148.18
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 ratio62.6 %97.5 %98.4 %99.0 %54.7 %
Gearing82.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.224.425.462.12.0
Current ratio2.224.425.462.12.0
Cash and cash equivalents2.94103.29691.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:29.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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