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KROGH MADSEN HOLDING II ApS — Credit Rating and Financial Key Figures

CVR number: 36043369
Vildbjergvej 36, Tjørring 7400 Herning

Credit rating

Company information

Official name
KROGH MADSEN HOLDING II ApS
Established
2014
Domicile
Tjørring
Company form
Private limited company
Industry

About KROGH MADSEN HOLDING II ApS

KROGH MADSEN HOLDING II ApS (CVR number: 36043369K) is a company from HERNING. The company recorded a gross profit of 7488.8 kDKK in 2019. The operating profit was 752 kDKK, while net earnings were 873.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. KROGH MADSEN HOLDING II ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit1 011.079 888.198 160.147 488.76
EBIT-24.382 207.04- 134.43751.96
Net earnings-13.561 199.67-1 068.25873.53
Shareholders equity total2 395.2427 274.4826 206.2327 079.76
Balance sheet total (assets)2 719.1063 207.2775 778.7172 709.44
Net debt- 607.8221 154.1933 270.7428 367.82
Profitability
EBIT-%
ROA-0.4 %7.4 %-0.1 %2.6 %
ROE-0.6 %8.1 %-4.0 %3.3 %
ROI-0.5 %8.9 %-0.1 %3.1 %
Economic value added (EVA)-24.671 401.95-2 764.96-2 693.51
Solvency
Equity ratio88.1 %43.2 %34.6 %37.3 %
Gearing85.5 %143.9 %120.4 %
Relative net indebtedness %
Liquidity
Quick ratio8.41.71.81.0
Current ratio8.41.92.11.5
Cash and cash equivalents607.822 156.384 429.124 225.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.62%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
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