Krog & Erichsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Krog & Erichsen ApS
Krog & Erichsen ApS (CVR number: 39238535) is a company from LEJRE. The company recorded a gross profit of 6995.1 kDKK in 2024. The operating profit was -510.2 kDKK, while net earnings were -594.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Krog & Erichsen ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 950.78 | 4 640.78 | 6 823.93 | 10 749.81 | 6 995.14 |
EBIT | 315.39 | 893.51 | 1 888.28 | 2 885.87 | - 510.22 |
Net earnings | 225.29 | 675.10 | 1 397.27 | 2 127.32 | - 594.47 |
Shareholders equity total | 392.67 | 1 067.76 | 1 447.27 | 2 177.32 | - 417.16 |
Balance sheet total (assets) | 1 697.15 | 3 384.03 | 3 152.46 | 5 707.25 | 1 672.87 |
Net debt | - 445.86 | -1 074.54 | - 623.22 | -1 605.90 | 745.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.0 % | 35.6 % | 57.8 % | 65.2 % | -13.1 % |
ROE | 56.7 % | 92.5 % | 111.1 % | 117.4 % | -30.9 % |
ROI | 76.3 % | 117.0 % | 144.2 % | 154.7 % | -32.8 % |
Economic value added (EVA) | 215.59 | 672.02 | 1 399.87 | 2 158.92 | - 523.21 |
Solvency | |||||
Equity ratio | 23.1 % | 31.6 % | 45.9 % | 38.1 % | -20.0 % |
Gearing | 4.4 % | 4.4 % | 2.6 % | 2.4 % | -208.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.8 | 1.6 | 0.6 |
Current ratio | 1.2 | 1.4 | 1.8 | 1.6 | 0.7 |
Cash and cash equivalents | 463.11 | 1 121.77 | 660.61 | 1 657.63 | 125.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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