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 97 mDKK in 2024. The operating profit was -3127 kDKK, while net earnings were -192 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.2 %, 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 4.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 81 110.00 | 136 852.00 | 165 405.00 | 107 136.00 | 96 995.00 |
EBIT | 14 328.00 | 54 928.00 | 64 467.00 | - 367.00 | -3 127.00 |
Net earnings | 10 941.00 | 44 859.00 | 53 052.00 | -23 949.00 | - 192.00 |
Shareholders equity total | 247 987.00 | 272 849.00 | 325 901.00 | 301 952.00 | 289 760.00 |
Balance sheet total (assets) | 410 456.00 | 451 179.00 | 494 824.00 | 333 547.00 | 324 803.00 |
Net debt | -34 847.00 | -12 641.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 3.7 % | 12.7 % | 13.6 % | -5.3 % | 2.1 % |
ROE | 4.8 % | 17.2 % | 17.7 % | -7.6 % | -0.1 % |
ROI | 3.7 % | 12.7 % | 13.6 % | 7.0 % | 2.2 % |
Economic value added (EVA) | 3 777.06 | 42 466.65 | 50 756.34 | -16 742.99 | -18 183.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 90.5 % | 89.2 % |
Gearing | 0.2 % | 1.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.4 | 4.1 | |||
Current ratio | 7.2 | 6.5 | |||
Cash and cash equivalents | 35 446.00 | 15 483.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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