Crosshouse ApS — Credit Rating and Financial Key Figures

CVR number: 39986671
Kæruldvej 1, Høgild 7400 Herning

Credit rating

Company information

Official name
Crosshouse ApS
Established
2018
Domicile
Høgild
Company form
Private limited company
Industry

About Crosshouse ApS

Crosshouse ApS (CVR number: 39986671) is a company from HERNING. The company recorded a gross profit of 817.9 kDKK in 2024. The operating profit was 203 kDKK, while net earnings were -346.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -68 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Crosshouse ApS's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit61.00769.00809.00787.00817.95
EBIT17.00577.00538.00435.00202.98
Net earnings-20.00366.00345.0013.00- 346.81
Shareholders equity total-40.00326.00671.00684.00336.63
Balance sheet total (assets)7 745.009 482.0010 622.0012 804.0012 162.25
Net debt7 400.008 727.009 344.0011 703.0011 637.28
Profitability
EBIT-%
ROA0.4 %6.7 %5.4 %4.0 %1.6 %
ROE-0.5 %9.1 %69.2 %1.9 %-68.0 %
ROI0.5 %6.9 %5.5 %4.1 %1.6 %
Economic value added (EVA)15.04187.46212.77109.88-79.97
Solvency
Equity ratio-0.5 %3.4 %6.3 %5.3 %2.8 %
Gearing-18500.0 %2677.0 %1392.5 %1711.0 %3457.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.50.50.1
Current ratio0.00.10.50.50.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:1.63%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.77%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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