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Karrysutra ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Karrysutra ApS
Karrysutra ApS (CVR number: 40648836) is a company from KØBENHAVN. The company recorded a gross profit of 134.1 kDKK in 2024. The operating profit was -38 kDKK, while net earnings were -38.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21 %, which can be considered poor and Return on Equity (ROE) was -45.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Karrysutra ApS's liquidity measured by quick ratio was 1.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 736.87 | 877.06 | |||
| Gross profit | 197.68 | 101.40 | 133.58 | 254.27 | 134.13 |
| EBIT | 86.88 | -47.85 | -46.78 | 51.85 | -38.00 |
| Net earnings | 61.75 | -49.15 | -48.06 | 51.14 | -38.22 |
| Shareholders equity total | 154.76 | 105.61 | 55.34 | 103.67 | 65.45 |
| Balance sheet total (assets) | 317.99 | 237.27 | 155.54 | 213.67 | 148.15 |
| Net debt | - 221.92 | - 164.21 | -31.65 | -99.07 | -80.39 |
| Profitability | |||||
| EBIT-% | 11.8 % | -5.5 % | |||
| ROA | 27.3 % | -17.2 % | -23.8 % | 28.1 % | -21.0 % |
| ROE | 39.9 % | -37.8 % | -59.7 % | 64.3 % | -45.2 % |
| ROI | 40.7 % | -26.3 % | -32.5 % | 33.1 % | -26.3 % |
| Economic value added (EVA) | 67.77 | -59.88 | -55.63 | 44.95 | -46.87 |
| Solvency | |||||
| Equity ratio | 48.7 % | 44.5 % | 35.6 % | 48.5 % | 44.2 % |
| Gearing | 38.0 % | 42.7 % | 148.0 % | 70.3 % | 71.7 % |
| Relative net indebtedness % | -15.9 % | -8.9 % | |||
| Liquidity | |||||
| Quick ratio | 2.7 | 3.0 | 1.7 | 2.1 | 1.7 |
| Current ratio | 2.7 | 3.0 | 1.7 | 2.1 | 1.7 |
| Cash and cash equivalents | 280.71 | 209.31 | 113.57 | 171.90 | 127.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 23.9 % | 16.0 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BBB | BBB |
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