KartTech Leasing ApS — Credit Rating and Financial Key Figures

CVR number: 36702524
Nordre Ringvej 9, 7000 Fredericia
keld@racesyd.dk
tel: 50572060

Credit rating

Company information

Official name
KartTech Leasing ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About KartTech Leasing ApS

KartTech Leasing ApS (CVR number: 36702524) is a company from FREDERICIA. The company recorded a gross profit of 131.8 kDKK in 2023. The operating profit was 53.3 kDKK, while net earnings were 44.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KartTech Leasing ApS's liquidity measured by quick ratio was 7.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit53.6564.20105.47257.86131.84
EBIT20.1315.2083.74203.6653.33
Net earnings19.948.5267.58147.9144.46
Shareholders equity total64.8668.38135.96283.87315.33
Balance sheet total (assets)94.9181.21167.92358.24330.71
Net debt-70.71-69.21- 167.92-77.67- 115.85
Profitability
EBIT-%
ROA22.9 %17.3 %67.2 %77.4 %15.5 %
ROE30.7 %12.8 %66.1 %70.5 %14.8 %
ROI31.0 %22.8 %82.0 %97.0 %17.8 %
Economic value added (EVA)18.049.0868.36149.6533.93
Solvency
Equity ratio68.3 %84.2 %81.0 %79.2 %95.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.55.45.31.07.5
Current ratio2.55.45.31.07.5
Cash and cash equivalents70.7169.21167.9277.67115.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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