KRING AGRO A/S — Credit Rating and Financial Key Figures

CVR number: 37302694
Frifeltvej 13, Håstrup 7000 Fredericia
Birgitte@roenshauge.dk
Free credit report Annual report

Credit rating

Company information

Official name
KRING AGRO A/S
Personnel
9 persons
Established
2015
Domicile
Håstrup
Company form
Limited company
Industry

About KRING AGRO A/S

KRING AGRO A/S (CVR number: 37302694) is a company from VEJLE. The company recorded a gross profit of 6044.9 kDKK in 2024. The operating profit was -10.1 mDKK, while net earnings were -8622.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -37.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KRING AGRO A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 228.8224 020.9234 601.9221 434.816 044.90
EBIT3 465.406 413.2817 292.958 946.44-10 108.54
Net earnings2 629.454 885.9313 525.407 039.12-8 622.44
Shareholders equity total1 741.226 627.1520 152.5527 191.6718 569.23
Balance sheet total (assets)102 733.8753 420.4753 535.9154 925.2241 754.30
Net debt- 186.35- 192.73- 107.00-2 391.36-5 019.24
Profitability
EBIT-%
ROA4.7 %8.4 %32.8 %16.7 %-20.8 %
ROE11.5 %116.8 %101.0 %29.7 %-37.7 %
ROI78.2 %132.7 %115.2 %33.4 %-38.4 %
Economic value added (EVA)2 470.214 970.5413 115.335 787.45-9 509.41
Solvency
Equity ratio1.7 %12.4 %37.6 %49.5 %44.5 %
Gearing0.4 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.90.40.6
Current ratio0.91.01.52.11.6
Cash and cash equivalents186.35192.73107.002 493.035 119.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-20.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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