KRONE SERVICE ApS
Credit rating
Company information
About KRONE SERVICE ApS
KRONE SERVICE ApS (CVR number: 33573537) is a company from ALBERTSLUND. The company reported a net sales of 10.6 mDKK in 2022, demonstrating a growth of 18.7 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 0.6 mDKK), while net earnings were 580.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 33.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. KRONE SERVICE ApS's liquidity measured by quick ratio was 2.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 539.12 | 8 912.46 | 10 574.73 | ||
Gross profit | 3 713.80 | 2 183.59 | 3 129.62 | 567.97 | 4 037.79 |
EBIT | 1 767.49 | 405.97 | 639.17 | -2 062.97 | 628.49 |
Net earnings | 1 314.76 | 270.51 | 413.43 | -2 126.83 | 580.54 |
Shareholders equity total | 2 930.15 | 3 200.66 | 3 614.09 | 1 487.26 | 1 954.80 |
Balance sheet total (assets) | 4 793.23 | 4 862.62 | 5 167.57 | 2 556.33 | 2 985.42 |
Net debt | 145.30 | 97.84 | 231.81 | 314.56 | -72.15 |
Profitability | |||||
EBIT-% | 8.5 % | -23.1 % | 5.9 % | ||
ROA | 47.2 % | 8.4 % | 12.7 % | -53.4 % | 22.7 % |
ROE | 57.8 % | 8.8 % | 12.1 % | -83.4 % | 33.7 % |
ROI | 74.3 % | 12.5 % | 17.3 % | -70.0 % | 30.8 % |
Economic value added (EVA) | 1 273.07 | 173.05 | 357.51 | -2 234.24 | 555.93 |
Solvency | |||||
Equity ratio | 61.1 % | 65.8 % | 69.9 % | 58.2 % | 65.5 % |
Gearing | 7.5 % | 5.0 % | 12.0 % | 24.1 % | 14.2 % |
Relative net indebtedness % | 17.9 % | 11.5 % | 6.4 % | ||
Liquidity | |||||
Quick ratio | 1.8 | 2.5 | 2.6 | 1.5 | 2.3 |
Current ratio | 2.4 | 2.5 | 2.6 | 1.5 | 2.3 |
Cash and cash equivalents | 75.46 | 61.73 | 203.19 | 43.31 | 349.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 186.1 | 64.1 | 66.3 | ||
Net working capital % | 33.4 % | 6.1 % | 12.6 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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