KARSKO GROUP A/S
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -7 831.00 | 6 428.00 | 21 597.00 | 36 196.38 | -2 593.66 |
Gross profit | -6 044.00 | 8 622.00 | 24 045.00 | 38 633.60 | 364.56 |
EBIT | -7 788.00 | 6 518.00 | 21 520.00 | 36 016.44 | -2 143.47 |
Net earnings | -10 831.00 | 4 302.00 | 20 348.00 | 36 861.46 | 220.90 |
Shareholders equity total | 293 131.00 | 291 545.00 | 305 356.00 | 396 329.03 | 403 434.02 |
Balance sheet total (assets) | 328 419.00 | 339 240.00 | 361 727.00 | 438 308.61 | 435 714.27 |
Net debt | 33 721.00 | 46 228.00 | 55 671.00 | 41 117.88 | 31 922.32 |
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) | 2 935.75 | 16 794.48 | 31 999.08 | 47 105.31 | 12 677.24 |
Solvency | |||||
Equity ratio | 96.3 % | 97.2 % | 95.0 % | 95.7 % | 95.6 % |
Gearing | 11.5 % | 15.9 % | 18.2 % | 10.4 % | 7.9 % |
Relative net indebtedness % | -450.6 % | 742.0 % | 261.0 % | 116.0 % | -1244.6 % |
Liquidity | |||||
Quick ratio | 0.0 | 2.4 | 1.6 | 1.2 | 0.8 |
Current ratio | 0.0 | 2.4 | 1.6 | 1.2 | 0.8 |
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 rating | BBB | AAA | AA | AA | BBB |
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