Croda Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 47 797.00 | 81 110.00 | 136 855.00 | 165 405.00 | 107 136.00 |
EBIT | -16 272.00 | 14 328.00 | 54 931.00 | 64 467.00 | - 367.00 |
Net earnings | -13 774.00 | 10 941.00 | 44 862.00 | 53 052.00 | -23 949.00 |
Shareholders equity total | 209 969.00 | 247 987.00 | 272 849.00 | 325 901.00 | 301 952.00 |
Balance sheet total (assets) | 365 419.00 | 410 456.00 | 451 179.00 | 494 824.00 | 333 547.00 |
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) | -14 561.44 | 3 777.06 | 42 469.65 | 36 869.86 | -4 917.56 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 65.9 % | 90.5 % |
Gearing | 0.7 % | 0.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 5.4 | |||
Current ratio | 6.7 | 7.2 | |||
Cash and cash equivalents | 83 675.00 | 35 446.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | AAA | AA |
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