Karcar Construction ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Karcar Construction ApS
Karcar Construction ApS (CVR number: 40558756) is a company from ODDER. The company recorded a gross profit of 1471.8 kDKK in 2024. The operating profit was -502 kDKK, while net earnings were -716.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -33.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. Karcar Construction ApS's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 131.81 | 672.45 | 293.55 | 1 981.32 | 1 471.84 |
| EBIT | -1 450.87 | -1 634.68 | -1 476.73 | - 112.14 | - 502.02 |
| Net earnings | -1 414.17 | -2 148.38 | -2 006.84 | 458.26 | - 716.24 |
| Shareholders equity total | 3 816.98 | 1 668.60 | 2 061.75 | 2 520.02 | 1 803.78 |
| Balance sheet total (assets) | 12 507.08 | 11 405.47 | 8 947.20 | 10 531.80 | 4 336.97 |
| Net debt | 7 778.30 | 7 739.47 | 6 394.16 | 7 152.55 | 1 564.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -11.0 % | -13.6 % | -14.3 % | -1.0 % | -6.6 % |
| ROE | -69.9 % | -78.3 % | -107.6 % | 20.0 % | -33.1 % |
| ROI | -12.2 % | -14.0 % | -14.7 % | -1.1 % | -7.3 % |
| Economic value added (EVA) | -1 491.74 | -2 198.13 | -2 037.31 | - 514.08 | - 885.69 |
| Solvency | |||||
| Equity ratio | 30.5 % | 14.6 % | 23.0 % | 23.9 % | 41.6 % |
| Gearing | 214.7 % | 568.6 % | 319.4 % | 288.1 % | 99.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 0.9 | 1.0 | 1.1 | 1.4 |
| Current ratio | 1.1 | 0.9 | 1.0 | 1.1 | 1.4 |
| Cash and cash equivalents | 417.54 | 1 747.65 | 190.10 | 106.41 | 232.93 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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