Karcar Construction ApS — Credit Rating and Financial Key Figures

Karcar Construction ApS (CVR number: 40558756) is a company from ODDER. The company recorded a gross profit of 1981.3 kDKK in 2023. The operating profit was -112.1 kDKK, while net earnings were 458.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. Karcar Construction ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.