KARSKO GROUP A/S — Credit Rating and Financial Key Figures
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 16.4 mDKK in 2024, demonstrating a growth of -731.7 % compared to the previous year. The operating profit percentage was at 101.7 % (EBIT: 16.7 mDKK), while net earnings were 17.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.9 %, 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 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 428.00 | 21 597.00 | 36 196.38 | -2 593.66 | 16 382.95 |
Gross profit | 8 622.00 | 24 045.00 | 38 633.60 | 364.56 | 19 417.58 |
EBIT | 6 518.00 | 21 520.00 | 36 016.44 | -2 143.47 | 16 665.01 |
Net earnings | 4 302.00 | 20 348.00 | 36 861.46 | 220.90 | 17 127.17 |
Shareholders equity total | 291 545.00 | 305 356.00 | 396 329.03 | 403 434.02 | 548 183.84 |
Balance sheet total (assets) | 339 240.00 | 361 727.00 | 438 308.61 | 435 714.27 | 565 796.20 |
Net debt | 46 228.00 | 55 671.00 | 41 117.88 | 31 922.32 | 14 921.53 |
Profitability | |||||
EBIT-% | 101.4 % | 99.6 % | 99.5 % | 101.7 % | |
ROA | 2.0 % | 6.2 % | 9.5 % | 0.4 % | 3.7 % |
ROE | 1.5 % | 6.8 % | 10.5 % | 0.1 % | 3.6 % |
ROI | 2.0 % | 6.2 % | 9.5 % | 0.4 % | 3.7 % |
Economic value added (EVA) | -9 906.31 | 4 546.91 | 17 874.84 | -24 125.18 | -5 211.64 |
Solvency | |||||
Equity ratio | 97.2 % | 95.0 % | 95.7 % | 95.6 % | 96.9 % |
Gearing | 15.9 % | 18.2 % | 10.4 % | 7.9 % | 3.1 % |
Relative net indebtedness % | 742.0 % | 261.0 % | 116.0 % | -1244.6 % | 94.8 % |
Liquidity | |||||
Quick ratio | 2.4 | 1.6 | 1.2 | 0.8 | 0.2 |
Current ratio | 2.4 | 1.6 | 1.2 | 0.8 | 0.2 |
Cash and cash equivalents | 2 082.03 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 110.6 % | 30.9 % | 8.9 % | 119.0 % | -82.7 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | A | AA |
Variable visualization
Roles
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.