Krak A/S — Credit Rating and Financial Key Figures

Krak A/S (CVR number: 18936984) is a company from KØBENHAVN. The company reported a net sales of 107.5 mDKK in 2023, demonstrating a decline of -0.6 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 6 mDKK), while net earnings were 12.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 56.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Krak A/S's liquidity measured by quick ratio was 1.8 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.