Krudtkongen ApS

CVR number: 41971681
Thisted Landevej 108, 9430 Vadum
tel: 60242739

Credit rating

Company information

Official name
Krudtkongen ApS
Personnel
4 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Krudtkongen ApS

Krudtkongen ApS (CVR number: 41971681) is a company from AALBORG. The company recorded a gross profit of 375.7 kDKK in 2022. The operating profit was 94.9 kDKK, while net earnings were 14.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.4 %, 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. Krudtkongen 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
20212022
Volume
Net sales
Gross profit218.20375.71
EBIT28.5894.95
Net earnings22.2214.94
Shareholders equity total60.1575.09
Balance sheet total (assets)846.303 170.20
Net debt-32.90-57.02
Profitability
EBIT-%
ROA3.4 %4.8 %
ROE36.9 %22.1 %
ROI47.5 %141.3 %
Economic value added (EVA)22.3166.04
Solvency
Equity ratio7.1 %2.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.50.1
Current ratio0.90.9
Cash and cash equivalents32.9057.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:4.76%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.37%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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