KARSKO GROUP A/S — Credit Rating and Financial Key Figures

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

Official name
KARSKO GROUP A/S
Personnel
1 person
Established
2006
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales6 428.0021 597.0036 196.38-2 593.6616 382.95
Gross profit8 622.0024 045.0038 633.60364.5619 417.58
EBIT6 518.0021 520.0036 016.44-2 143.4716 665.01
Net earnings4 302.0020 348.0036 861.46220.9017 127.17
Shareholders equity total291 545.00305 356.00396 329.03403 434.02548 183.84
Balance sheet total (assets)339 240.00361 727.00438 308.61435 714.27565 796.20
Net debt46 228.0055 671.0041 117.8831 922.3214 921.53
Profitability
EBIT-%101.4 %99.6 %99.5 %101.7 %
ROA2.0 %6.2 %9.5 %0.4 %3.7 %
ROE1.5 %6.8 %10.5 %0.1 %3.6 %
ROI2.0 %6.2 %9.5 %0.4 %3.7 %
Economic value added (EVA)-9 906.314 546.9117 874.84-24 125.18-5 211.64
Solvency
Equity ratio97.2 %95.0 %95.7 %95.6 %96.9 %
Gearing15.9 %18.2 %10.4 %7.9 %3.1 %
Relative net indebtedness %742.0 %261.0 %116.0 %-1244.6 %94.8 %
Liquidity
Quick ratio2.41.61.20.80.2
Current ratio2.41.61.20.80.2
Cash and cash equivalents2 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 ratingAAAAAAAAAA

Variable visualization

ROA:3.65%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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