CREDI FINANS A/S — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
CREDI FINANS A/S
Personnel
2 persons
Established
2014
Domicile
Nr Bjert
Company form
Limited company
Industry

About CREDI FINANS A/S

CREDI FINANS A/S (CVR number: 36067985) is a company from KOLDING. The company recorded a gross profit of 529.3 kDKK in 2023. The operating profit was 65.4 kDKK, while net earnings were 23.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit686.211 056.41777.70660.73529.26
EBIT- 284.25256.8315.64-22.2965.42
Net earnings- 349.2768.86-51.14-75.1523.45
Shareholders equity total759.70828.56777.424 702.274 725.72
Balance sheet total (assets)14 451.0513 497.576 579.967 809.956 720.74
Net debt12 429.315 854.895 508.772 084.801 636.96
Profitability
EBIT-%
ROA-2.7 %1.8 %0.2 %-0.3 %0.9 %
ROE-37.4 %8.7 %-6.4 %-2.7 %0.5 %
ROI-2.8 %1.9 %0.2 %-0.3 %1.0 %
Economic value added (EVA)- 336.07129.68238.93- 109.92- 226.27
Solvency
Equity ratio5.3 %6.1 %11.8 %60.3 %70.5 %
Gearing1770.5 %1489.0 %712.9 %49.6 %35.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.60.00.30.3
Current ratio0.10.60.10.30.3
Cash and cash equivalents1 021.136 482.0033.26245.2553.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.91%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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