KRANEXPRESSEN A/S — Credit Rating and Financial Key Figures

KRANEXPRESSEN A/S (CVR number: 20101903) is a company from Høje-Taastrup. The company recorded a gross profit of 27.6 mDKK in 2022. The operating profit was 3626.6 kDKK, while net earnings were 2598.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34 %, 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. KRANEXPRESSEN A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.