KRONE FLEET A/S — Credit Rating and Financial Key Figures

CVR number: 21507695
Kilen 5, Bovmark 6330 Padborg

Company information

Official name
KRONE FLEET A/S
Personnel
20 persons
Established
1999
Domicile
Bovmark
Company form
Limited company
Industry

About KRONE FLEET A/S

KRONE FLEET A/S (CVR number: 21507695) is a company from AABENRAA. The company reported a net sales of 689.3 mDKK in 2025, demonstrating a decline of -5 % compared to the previous year. The operating profit percentage was at 21.4 % (EBIT: 147.6 mDKK), while net earnings were 41.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 16.3 %, 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 0.1 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2023
2024
2025
Volume
Net sales577.23725.80689.30
Gross profit509.58652.75645.74
EBIT103.15167.71147.58
Net earnings64.6541.5741.32
Shareholders equity total490.46532.83571.44
Balance sheet total (assets)3 496.943 703.323 515.18
Net debt1 255.801 499.221 557.93
Profitability
EBIT-%17.9 %23.1 %21.4 %
ROA4.8 %5.5 %4.8 %
ROE11.6 %8.1 %7.5 %
ROI5.5 %6.2 %5.0 %
Economic value added (EVA)80.82-15.48-52.49
Solvency
Equity ratio14.1 %14.4 %16.3 %
Gearing258.7 %282.5 %272.9 %
Relative net indebtedness %505.2 %424.9 %414.3 %
Liquidity
Quick ratio0.40.20.1
Current ratio0.40.20.1
Cash and cash equivalents12.956.171.66
Capital use efficiency
Trade debtors turnover (days)46.036.13.8
Net working capital %-141.1 %-158.8 %-198.4 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.79%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.3%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.