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

CVR number: 28979967
Ålborgvej 576, 9760 Vrå

Credit rating

Company information

Official name
KRONE VINDUER A/S
Personnel
141 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About KRONE VINDUER A/S

KRONE VINDUER A/S (CVR number: 28979967) is a company from HJØRRING. The company recorded a gross profit of 77.7 mDKK in 2023. The operating profit was 9093 kDKK, while net earnings were 7113 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. KRONE VINDUER A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit95 517.0077 652.00
EBIT11 056.009 093.00
Net earnings200.004 793.008 874.008 374.007 113.00
Shareholders equity total20 617.0025 036.0033 053.0035 911.0043 024.00
Balance sheet total (assets)52 791.0058 286.0070 801.0086 128.0079 958.00
Net debt-11 560.00-2 474.00
Profitability
EBIT-%
ROA14.1 %11.2 %
ROE1.0 %21.0 %30.6 %24.3 %18.0 %
ROI19.0 %19.7 %
Economic value added (EVA)-1 047.21-1 036.00-1 258.066 970.725 998.12
Solvency
Equity ratio100.0 %100.0 %100.0 %41.7 %53.8 %
Gearing1.8 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.4
Current ratio1.82.2
Cash and cash equivalents12 212.003 091.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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