CREDI FINANS A/S

CVR number: 36067985
Nr. Bjertvej 103, Nr Bjert 6000 Kolding

Credit rating

Company information

Official name
CREDI FINANS A/S
Established
2014
Domicile
Nr Bjert
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About CREDI FINANS A/S

CREDI FINANS A/S (CVR number: 36067985) is a company from KOLDING. The company recorded a gross profit of 660.7 kDKK in 2022. The operating profit was -22.3 kDKK, while net earnings were -75.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. CREDI FINANS A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit2 063.39686.211 056.41777.70660.73
EBIT832.77- 284.25256.8315.64-22.29
Net earnings56.33- 349.2768.86-51.14-75.15
Shareholders equity total1 108.97759.70828.56777.424 702.27
Balance sheet total (assets)6 342.2814 451.0513 497.576 579.967 809.95
Net debt4 682.6312 429.315 854.895 508.772 084.80
Profitability
EBIT-%
ROA10.7 %-2.7 %1.8 %0.2 %-0.3 %
ROE5.2 %-37.4 %8.7 %-6.4 %-2.7 %
ROI11.2 %-2.8 %1.9 %0.2 %-0.3 %
Economic value added (EVA)538.52- 336.07129.68238.93- 109.92
Solvency
Equity ratio17.5 %5.3 %6.1 %11.8 %60.3 %
Gearing427.6 %1770.5 %1489.0 %712.9 %49.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.60.00.3
Current ratio0.10.10.60.10.3
Cash and cash equivalents59.291 021.136 482.0033.26245.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.31%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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