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KRONE SYSTEM DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRONE SYSTEM DESIGN ApS
KRONE SYSTEM DESIGN ApS (CVR number: 67197712) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2024, demonstrating a decline of -10.5 % compared to the previous year. The operating profit percentage was poor at -180.8 % (EBIT: -0 mDKK), while net earnings were -2.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. KRONE SYSTEM DESIGN ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 4.85 | 2.90 | 2.34 | 1.47 | 1.31 |
| Gross profit | -5.05 | -10.24 | -6.87 | -2.47 | -2.38 |
| EBIT | -5.05 | -10.24 | -6.87 | -2.47 | -2.38 |
| Net earnings | -6.12 | -12.83 | -7.42 | -2.47 | -2.38 |
| Shareholders equity total | 203.26 | 188.76 | 181.33 | 178.87 | 176.49 |
| Balance sheet total (assets) | 289.39 | 280.54 | 272.89 | 263.23 | 260.48 |
| Net debt | - 282.06 | - 273.20 | - 265.55 | - 255.89 | - 253.14 |
| Profitability | |||||
| EBIT-% | -104.1 % | -353.3 % | -293.5 % | -167.9 % | -180.8 % |
| ROA | -1.7 % | -3.6 % | -2.5 % | -0.9 % | -0.9 % |
| ROE | -3.0 % | -6.5 % | -4.0 % | -1.4 % | -1.3 % |
| ROI | -2.4 % | -5.2 % | -3.7 % | -1.4 % | -1.3 % |
| Economic value added (EVA) | -15.57 | -17.48 | -16.36 | -11.58 | -11.37 |
| Solvency | |||||
| Equity ratio | 70.2 % | 67.3 % | 66.5 % | 68.0 % | 67.8 % |
| Gearing | |||||
| Relative net indebtedness % | -4040.6 % | -6260.3 % | -7432.8 % | -11668.9 % | -12863.4 % |
| Liquidity | |||||
| Quick ratio | 3.4 | 3.1 | 3.0 | 3.1 | 3.1 |
| Current ratio | 3.4 | 3.1 | 3.0 | 3.1 | 3.1 |
| Cash and cash equivalents | 282.06 | 273.20 | 265.55 | 255.89 | 253.14 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 552.0 | 923.6 | 1 143.3 | 1 820.8 | 2 035.4 |
| Net working capital % | 4191.9 % | 6513.3 % | 7746.0 % | 12167.8 % | 13421.1 % |
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | A |
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