Karmacat IVS — Credit Rating and Financial Key Figures

Karmacat IVS (CVR number: 37246239) is a company from AARHUS. The company recorded a gross profit of 135.1 kDKK in 2020. The operating profit was -13.9 kDKK, while net earnings were -17.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -17.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Karmacat IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.