KARSKO GROUP A/S

CVR number: 29685851
Mariagervej 58 B, 9500 Hobro
frandsbjerg@mail.tele.dk
tel: 98541161

Credit rating

Company information

Official name
KARSKO GROUP A/S
Personnel
1 person
Established
2006
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KARSKO GROUP A/S

KARSKO GROUP A/S (CVR number: 29685851) is a company from MARIAGERFJORD. The company reported a net sales of -2.6 mDKK in 2023, demonstrating a decline of -107.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -2.1 mDKK), while net earnings were 220.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARSKO GROUP A/S's liquidity measured by quick ratio was 0.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales-7 831.006 428.0021 597.0036 196.38-2 593.66
Gross profit-6 044.008 622.0024 045.0038 633.60364.56
EBIT-7 788.006 518.0021 520.0036 016.44-2 143.47
Net earnings-10 831.004 302.0020 348.0036 861.46220.90
Shareholders equity total293 131.00291 545.00305 356.00396 329.03403 434.02
Balance sheet total (assets)328 419.00339 240.00361 727.00438 308.61435 714.27
Net debt33 721.0046 228.0055 671.0041 117.8831 922.32
Profitability
EBIT-%101.4 %99.6 %99.5 %
ROA-1.9 %2.0 %6.2 %9.5 %0.4 %
ROE-3.7 %1.5 %6.8 %10.5 %0.1 %
ROI-1.9 %2.0 %6.2 %9.5 %0.4 %
Economic value added (EVA)2 935.7516 794.4831 999.0847 105.3112 677.24
Solvency
Equity ratio96.3 %97.2 %95.0 %95.7 %95.6 %
Gearing11.5 %15.9 %18.2 %10.4 %7.9 %
Relative net indebtedness %-450.6 %742.0 %261.0 %116.0 %-1244.6 %
Liquidity
Quick ratio0.02.41.61.20.8
Current ratio0.02.41.61.20.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %77.5 %110.6 %30.9 %8.9 %119.0 %
Credit risk
Credit ratingBBBAAAAAAABBB

Variable visualization

ROA:0.37%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

Companies in the same industry

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