CRONE & CO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CRONE & CO ApS
CRONE & CO ApS (CVR number: 28323549) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 557.5 kDKK in 2023. The operating profit was -120.9 kDKK, while net earnings were -129.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -57.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CRONE & CO ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 551.72 | 2 383.08 | 647.85 | 3 065.41 | 557.46 |
EBIT | 305.25 | - 555.63 | - 481.09 | 845.92 | - 120.87 |
Net earnings | 206.03 | - 587.33 | - 513.93 | 794.65 | - 129.88 |
Shareholders equity total | 517.53 | - 459.80 | - 973.73 | - 179.08 | - 308.96 |
Balance sheet total (assets) | 3 602.83 | 3 081.02 | 4 203.13 | 713.26 | 229.79 |
Net debt | -2 052.54 | -2 258.93 | -2 802.87 | - 549.70 | 10.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.0 % | -15.6 % | -11.0 % | 27.9 % | -16.9 % |
ROE | 49.7 % | -32.6 % | -14.1 % | 32.3 % | -27.5 % |
ROI | 68.8 % | -193.1 % | 317419.9 % | -242.2 % | |
Economic value added (EVA) | 333.51 | - 480.56 | - 344.47 | 1 035.70 | -84.22 |
Solvency | |||||
Equity ratio | 29.2 % | -28.0 % | -65.7 % | -20.1 % | -57.3 % |
Gearing | -0.3 % | -32.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 2.2 | 3.3 | 1.0 | 0.7 |
Current ratio | 1.2 | 0.9 | 0.8 | 1.0 | 0.7 |
Cash and cash equivalents | 2 052.54 | 2 258.93 | 2 802.87 | 550.23 | 88.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
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