KartTech Leasing ApS

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 257.9 kDKK in 2022. The operating profit was 203.7 kDKK, while net earnings were 147.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.4 %, which can be considered excellent and Return on Equity (ROE) was 70.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KartTech Leasing ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit57.6553.6564.20105.47257.86
EBIT-20.8120.1315.2083.74203.66
Net earnings-20.8419.948.5267.58147.91
Shareholders equity total64.9264.8668.38135.96283.87
Balance sheet total (assets)80.7294.9181.21167.92358.24
Net debt-24.43-70.71-69.21- 167.92-77.67
Profitability
EBIT-%
ROA-21.8 %22.9 %17.3 %67.2 %77.4 %
ROE-25.9 %30.7 %12.8 %66.1 %70.5 %
ROI-25.9 %31.0 %22.8 %82.0 %97.0 %
Economic value added (EVA)-23.8118.049.0868.36149.65
Solvency
Equity ratio80.4 %68.3 %84.2 %81.0 %79.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.72.55.45.31.0
Current ratio1.72.55.45.31.0
Cash and cash equivalents24.4370.7169.21167.9277.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:77.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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