KRONJYLLANDS ERHVERVSINVESTERING A/S — Credit Rating and Financial Key Figures

CVR number: 10205042
Tronholmen 1, 8960 Randers SØ
tel: 89122435

Company information

Official name
KRONJYLLANDS ERHVERVSINVESTERING A/S
Established
1986
Company form
Limited company
Industry

About KRONJYLLANDS ERHVERVSINVESTERING A/S

KRONJYLLANDS ERHVERVSINVESTERING A/S (CVR number: 10205042) is a company from RANDERS. The company recorded a gross profit of 2926 kDKK in 2023. The operating profit was 13.2 mDKK, while net earnings were -343 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRONJYLLANDS ERHVERVSINVESTERING A/S'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales24 033.0022 703.0021 609.00
Gross profit24 033.0010 164.0018 125.0029 549.002 926.00
EBIT17 962.0020 049.0012 516.0014 739.0013 212.00
Net earnings12 741.003 259.006 353.0025 260.00- 343.00
Shareholders equity total191 424.00194 683.00201 036.00226 296.00225 953.00
Balance sheet total (assets)316 387.00297 349.00291 728.00261 178.00247 532.00
Net debt108 153.0086 270.0075 219.0019 161.006 225.00
Profitability
EBIT-%74.7 %88.3 %57.9 %
ROA6.7 %6.5 %4.1 %10.7 %1.2 %
ROE6.9 %1.7 %3.2 %11.8 %-0.2 %
ROI6.8 %6.6 %4.2 %10.8 %1.2 %
Economic value added (EVA)5 259.455 377.62- 739.393 928.37-1 523.83
Solvency
Equity ratio60.5 %65.5 %68.9 %86.6 %91.3 %
Gearing56.5 %44.3 %37.4 %8.5 %2.8 %
Relative net indebtedness %475.6 %403.6 %366.4 %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-461.5 %-393.9 %-358.7 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:1.15%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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