KRYGER DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 30196260
Buskelundskoven 30, 8600 Silkeborg

Company information

Official name
KRYGER DEVELOPMENT A/S
Established
2007
Company form
Limited company
Industry

About KRYGER DEVELOPMENT A/S

KRYGER DEVELOPMENT A/S (CVR number: 30196260) is a company from SILKEBORG. The company recorded a gross profit of -8.4 kDKK in 2023. The operating profit was -8.4 kDKK, while net earnings were 10.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. KRYGER DEVELOPMENT A/S's liquidity measured by quick ratio was 2.4 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-5.88-6.50-7.75-8.00-8.43
EBIT-5.88-6.50-7.75-8.00-8.43
Net earnings12 451.5211 032.4916 652.3013 188.1510 543.35
Shareholders equity total90 940.22101 672.71118 025.01130 913.17140 856.51
Balance sheet total (assets)111 847.15141 027.58127 490.92132 806.64180 956.40
Net debt20 901.0538 604.457 244.831 885.4739 195.81
Profitability
EBIT-%
ROA11.9 %9.5 %12.9 %10.3 %6.9 %
ROE14.7 %11.5 %15.2 %10.6 %7.8 %
ROI12.4 %9.5 %13.0 %10.4 %7.0 %
Economic value added (EVA)4 241.804 715.685 324.031 941.69- 147.29
Solvency
Equity ratio81.3 %72.1 %92.6 %98.6 %77.8 %
Gearing23.0 %38.0 %6.1 %1.4 %27.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.53.526.82.4
Current ratio0.10.53.526.82.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.95%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.8%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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