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 2023, demonstrating a decline of -37.2 % compared to the previous year. The operating profit percentage was poor at -167.9 % (EBIT: -0 mDKK), while net earnings were -2.5 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 -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14.98 | 4.85 | 2.90 | 2.34 | 1.47 |
Gross profit | 7.87 | -5.05 | -10.24 | -6.87 | -2.47 |
EBIT | 7.87 | -5.05 | -10.24 | -6.87 | -2.47 |
Net earnings | 7.33 | -6.12 | -12.83 | -7.42 | -2.47 |
Shareholders equity total | 209.38 | 203.26 | 188.76 | 181.33 | 178.87 |
Balance sheet total (assets) | 293.91 | 289.39 | 280.54 | 272.89 | 263.23 |
Net debt | - 286.57 | - 282.06 | - 273.20 | - 265.55 | - 255.89 |
Profitability | |||||
EBIT-% | 52.5 % | -104.1 % | -353.3 % | -293.5 % | -167.9 % |
ROA | 2.7 % | -1.7 % | -3.6 % | -2.5 % | -0.9 % |
ROE | 3.6 % | -3.0 % | -6.5 % | -4.0 % | -1.4 % |
ROI | 3.8 % | -2.4 % | -5.2 % | -3.7 % | -1.4 % |
Economic value added (EVA) | 12.32 | -1.17 | -3.31 | -2.63 | 1.76 |
Solvency | |||||
Equity ratio | 71.2 % | 70.2 % | 67.3 % | 66.5 % | 68.0 % |
Gearing | |||||
Relative net indebtedness % | -1349.0 % | -4040.6 % | -6260.3 % | -7432.8 % | -11668.9 % |
Liquidity | |||||
Quick ratio | 3.5 | 3.4 | 3.1 | 3.0 | 3.1 |
Current ratio | 3.5 | 3.4 | 3.1 | 3.0 | 3.1 |
Cash and cash equivalents | 286.57 | 282.06 | 273.20 | 265.55 | 255.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 178.7 | 552.0 | 923.6 | 1 143.3 | 1 820.8 |
Net working capital % | 1398.0 % | 4191.9 % | 6513.3 % | 7746.0 % | 12167.8 % |
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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