KRONE FLEET A/S
Credit rating
Company information
About KRONE FLEET A/S
KRONE FLEET A/S (CVR number: 21507695) is a company from AABENRAA. The company reported a net sales of 725.8 mDKK in 2024, demonstrating a growth of 25.7 % compared to the previous year. The operating profit percentage was at 23.1 % (EBIT: 167.7 mDKK), while net earnings were 41.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.5 %, 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. KRONE FLEET A/S's liquidity measured by quick ratio was 0.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 577 227.00 | 725 797.00 | |
Gross profit | 509 580.00 | 652 751.00 | |
EBIT | 103 154.00 | 167 714.00 | |
Net earnings | 64 654.00 | 41 566.00 | |
Shareholders equity total | 490 465.00 | 532 826.00 | |
Balance sheet total (assets) | 3 496 942.00 | 3 681 185.00 | |
Net debt | 1 255 803.00 | 1 477 090.00 | |
Profitability | |||
EBIT-% | 17.9 % | 23.1 % | |
ROA | 4.8 % | 5.5 % | |
ROE | 11.6 % | 8.1 % | |
ROI | 5.5 % | 6.2 % | |
Economic value added (EVA) | -6 554.61 | 84 223.13 | 132 228.77 |
Solvency | |||
Equity ratio | 14.1 % | 14.5 % | |
Gearing | 258.7 % | 278.4 % | |
Relative net indebtedness % | 505.2 % | 421.9 % | |
Liquidity | |||
Quick ratio | 0.4 | 0.3 | |
Current ratio | 0.4 | 0.3 | |
Cash and cash equivalents | 12 947.00 | 6 175.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 46.0 | 36.1 | |
Net working capital % | -141.1 % | -135.8 % | |
Credit risk | |||
Credit rating | A | A |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.