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CREDI FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CREDI FINANS A/S
CREDI FINANS A/S (CVR number: 36067985) is a company from KOLDING. The company recorded a gross profit of 110.9 kDKK in 2024. The operating profit was -84.6 kDKK, while net earnings were -102.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71 %, 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 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 056.41 | 777.70 | 660.73 | 529.26 | 110.89 |
| EBIT | 256.83 | 15.64 | -22.29 | 65.42 | -84.64 |
| Net earnings | 68.86 | -51.14 | -75.15 | 23.45 | - 102.56 |
| Shareholders equity total | 828.56 | 777.42 | 4 702.27 | 4 725.72 | 4 623.16 |
| Balance sheet total (assets) | 13 497.57 | 6 579.96 | 7 809.95 | 6 720.74 | 6 591.06 |
| Net debt | 5 854.89 | 5 508.77 | 2 084.80 | 1 636.96 | 1 748.68 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.8 % | 0.2 % | -0.3 % | 0.9 % | -1.3 % |
| ROE | 8.7 % | -6.4 % | -2.7 % | 0.5 % | -2.2 % |
| ROI | 1.9 % | 0.2 % | -0.3 % | 1.0 % | -1.3 % |
| Economic value added (EVA) | - 537.94 | - 649.98 | - 334.71 | - 302.52 | - 388.72 |
| Solvency | |||||
| Equity ratio | 6.1 % | 11.8 % | 60.3 % | 70.5 % | 71.0 % |
| Gearing | 1489.0 % | 712.9 % | 49.6 % | 35.8 % | 38.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.0 | 0.3 | 0.3 | 1.5 |
| Current ratio | 0.6 | 0.1 | 0.3 | 0.3 | 1.1 |
| Cash and cash equivalents | 6 482.00 | 33.26 | 245.25 | 53.62 | 41.19 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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