CARA TECHNOLOGY ApS — Credit Rating and Financial Key Figures

CARA TECHNOLOGY ApS (CVR number: 32089240) is a company from KØBENHAVN. The company recorded a gross profit of 101.7 kDKK in 2016. The operating profit was 87.4 kDKK, while net earnings were 60.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 48.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CARA TECHNOLOGY ApS's liquidity measured by quick ratio was 20.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.