KREN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29770964
Christian IX's Gade 2, 1111 København K
kren@kren.dk
tel: 32124575

Company information

Official name
KREN HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About KREN HOLDING ApS

KREN HOLDING ApS (CVR number: 29770964) is a company from KØBENHAVN. The company recorded a gross profit of -14.9 kDKK in 2023. The operating profit was -14.9 kDKK, while net earnings were 339.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KREN HOLDING ApS's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-7.84-7.81-9.73-9.00-14.94
EBIT-7.84-7.81-9.73-9.00-14.94
Net earnings528.481 107.511 123.194 245.31339.10
Shareholders equity total14 111.9415 219.4516 342.6420 587.9520 927.05
Balance sheet total (assets)18 849.3119 978.0721 656.7826 601.0827 119.86
Net debt4 704.394 730.165 275.855 971.716 145.44
Profitability
EBIT-%
ROA3.7 %6.5 %6.3 %18.5 %2.4 %
ROE3.8 %7.6 %7.1 %23.0 %1.6 %
ROI3.7 %6.5 %6.3 %18.6 %2.4 %
Economic value added (EVA)242.34231.41213.42167.30154.80
Solvency
Equity ratio74.9 %76.2 %75.5 %77.4 %77.2 %
Gearing33.3 %31.1 %32.3 %29.0 %29.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.71.91.81.9
Current ratio1.61.71.91.81.9
Cash and cash equivalents3.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.36%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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