KARO INVESTMENT ApS — Credit Rating and Financial Key Figures

CVR number: 33052138
Vesterbrogade 11, 7000 Fredericia
jan@trekanten-bolig.dk
tel: 28198678

Credit rating

Company information

Official name
KARO INVESTMENT ApS
Established
2010
Company form
Private limited company
Industry

About KARO INVESTMENT ApS

KARO INVESTMENT ApS (CVR number: 33052138) is a company from FREDERICIA. The company recorded a gross profit of 8.5 kDKK in 2022. The operating profit was -125.9 kDKK, while net earnings were -94.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KARO INVESTMENT ApS's liquidity measured by quick ratio was 2.9 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit194.49198.37215.84189.108.48
EBIT254.49413.37240.84- 110.90- 125.92
Net earnings168.77294.45175.11-93.99-94.63
Shareholders equity total955.491 249.941 425.041 331.051 236.42
Balance sheet total (assets)3 871.614 207.324 305.204 027.685 137.62
Net debt2 640.552 632.222 468.982 409.732 298.65
Profitability
EBIT-%
ROA6.7 %10.3 %5.8 %-2.5 %-2.3 %
ROE19.4 %26.7 %13.1 %-6.8 %-7.4 %
ROI7.0 %10.7 %6.1 %-2.6 %-2.4 %
Economic value added (EVA)27.39142.76-4.29- 275.38- 279.38
Solvency
Equity ratio24.7 %29.7 %33.1 %33.0 %24.1 %
Gearing276.4 %210.7 %178.9 %183.6 %186.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.80.91.02.9
Current ratio0.30.80.91.02.9
Cash and cash equivalents0.040.9980.0334.6410.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-2.29%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.1%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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