KR 2 ApS — Credit Rating and Financial Key Figures

CVR number: 21788708
Mølhøjvej 18, Fandrup 9640 Farsø
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Credit rating

Company information

Official name
KR 2 ApS
Established
1999
Domicile
Fandrup
Company form
Private limited company
Industry

About KR 2 ApS

KR 2 ApS (CVR number: 21788708) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 438.3 kDKK in 2024. The operating profit was 438.3 kDKK, while net earnings were 350 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KR 2 ApS's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit383.34427.71316.41364.19438.34
EBIT382.99370.72315.97364.19438.34
Net earnings256.68252.85376.49127.37349.96
Shareholders equity total917.161 170.021 546.511 673.872 023.84
Balance sheet total (assets)4 627.684 706.194 934.315 029.355 290.28
Net debt3 077.862 853.362 680.862 559.552 462.83
Profitability
EBIT-%
ROA10.6 %7.9 %10.7 %7.3 %11.4 %
ROE32.5 %24.2 %27.7 %7.9 %18.9 %
ROI7.8 %7.3 %12.5 %8.6 %13.5 %
Economic value added (EVA)65.4074.5844.2067.51136.39
Solvency
Equity ratio19.8 %24.9 %31.3 %33.3 %38.3 %
Gearing335.6 %243.9 %173.3 %152.9 %121.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.21.0
Current ratio2.51.31.10.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.3%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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