KARO INVESTMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 194.49 | 198.37 | 215.84 | 189.10 | 8.48 |
EBIT | 254.49 | 413.37 | 240.84 | - 110.90 | - 125.92 |
Net earnings | 168.77 | 294.45 | 175.11 | -93.99 | -94.63 |
Shareholders equity total | 955.49 | 1 249.94 | 1 425.04 | 1 331.05 | 1 236.42 |
Balance sheet total (assets) | 3 871.61 | 4 207.32 | 4 305.20 | 4 027.68 | 5 137.62 |
Net debt | 2 640.55 | 2 632.22 | 2 468.98 | 2 409.73 | 2 298.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 10.3 % | 5.8 % | -2.5 % | -2.3 % |
ROE | 19.4 % | 26.7 % | 13.1 % | -6.8 % | -7.4 % |
ROI | 7.0 % | 10.7 % | 6.1 % | -2.6 % | -2.4 % |
Economic value added (EVA) | 27.39 | 142.76 | -4.29 | - 275.38 | - 279.38 |
Solvency | |||||
Equity ratio | 24.7 % | 29.7 % | 33.1 % | 33.0 % | 24.1 % |
Gearing | 276.4 % | 210.7 % | 178.9 % | 183.6 % | 186.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.8 | 0.9 | 1.0 | 2.9 |
Current ratio | 0.3 | 0.8 | 0.9 | 1.0 | 2.9 |
Cash and cash equivalents | 0.04 | 0.99 | 80.03 | 34.64 | 10.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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