KRING Speedbooting 2022 K/S — Credit Rating and Financial Key Figures

CVR number: 42707317
Ragnagade 7, 2100 København Ø
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Credit rating

Company information

Official name
KRING Speedbooting 2022 K/S
Established
2021
Company form
Limited partnership
Industry

About KRING Speedbooting 2022 K/S

KRING Speedbooting 2022 K/S (CVR number: 42707317) is a company from KØBENHAVN. The company recorded a gross profit of -2262.3 kDKK in 2024. The operating profit was -2262.3 kDKK, while net earnings were -4191.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRING Speedbooting 2022 K/S's liquidity measured by quick ratio was 3.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.00-2 950.92-2 753.68-2 262.27
EBIT-10.00-2 950.92-2 753.68-2 262.27
Net earnings-10.00-2 960.64-1 672.98-4 191.48
Shareholders equity total-10.0010 367.3626 232.3845 722.90
Balance sheet total (assets)12 438.0826 297.6946 063.61
Net debt-5 703.20-6 791.65-1 033.63
Profitability
EBIT-%
ROA-100.0 %-23.7 %-8.6 %11.8 %
ROE-28.6 %-9.1 %-11.7 %
ROI-28.3 %-9.1 %-11.6 %
Economic value added (EVA)-10.00-2 950.42-3 276.89-3 582.24
Solvency
Equity ratio-100.0 %83.4 %99.8 %99.3 %
Gearing0.4 %0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio5.9112.63.7
Current ratio5.9112.63.7
Cash and cash equivalents5 748.086 827.281 102.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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