Croda Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 36058714
Elsenbakken 23, 3600 Frederikssund
tel: 70250020
www.croda.com

Company information

Official name
Croda Denmark A/S
Personnel
114 persons
Established
2014
Company form
Limited company
Industry

About Croda Denmark A/S

Croda Denmark A/S (CVR number: 36058714) is a company from FREDERIKSSUND. The company recorded a gross profit of 107.1 mDKK in 2023. The operating profit was -367 kDKK, while net earnings were -23.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Croda Denmark A/S's liquidity measured by quick ratio was 5.4 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 profit47 797.0081 110.00136 855.00165 405.00107 136.00
EBIT-16 272.0014 328.0054 931.0064 467.00- 367.00
Net earnings-13 774.0010 941.0044 862.0053 052.00-23 949.00
Shareholders equity total209 969.00247 987.00272 849.00325 901.00301 952.00
Balance sheet total (assets)365 419.00410 456.00451 179.00494 824.00333 547.00
Net debt-81 359.00-34 847.00
Profitability
EBIT-%
ROA-4.6 %3.7 %12.8 %15.8 %-5.3 %
ROE-6.9 %4.8 %17.2 %17.7 %-7.6 %
ROI-4.7 %3.7 %12.8 %18.7 %8.5 %
Economic value added (EVA)-14 561.443 777.0642 469.6536 869.86-4 917.56
Solvency
Equity ratio100.0 %100.0 %100.0 %65.9 %90.5 %
Gearing0.7 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.55.4
Current ratio6.77.2
Cash and cash equivalents83 675.0035 446.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAAAAA

Variable visualization

ROA:-5.30%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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