Cresco Capital A/S — Credit Rating and Financial Key Figures

CVR number: 26899869
Vejlsøvej 51, 8600 Silkeborg
cwt@crescocapitalservices.com
tel: 20142307

Company information

Official name
Cresco Capital A/S
Established
2002
Company form
Limited company
Industry

About Cresco Capital A/S

Cresco Capital A/S (CVR number: 26899869) is a company from SILKEBORG. The company recorded a gross profit of -47.3 kDKK in 2023. The operating profit was -47.3 kDKK, while net earnings were 487.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cresco Capital A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit272.3330.0412.631 695.65-47.30
EBIT262.7730.0412.631 695.65-47.30
Net earnings1 867.392 091.6814 484.352 774.33487.49
Shareholders equity total9 096.3211 126.8924 901.2627 633.5928 085.08
Balance sheet total (assets)12 831.6817 938.1526 834.3629 803.7033 800.74
Net debt-4 197.786 356.50- 561.42724.615 471.76
Profitability
EBIT-%
ROA17.3 %14.4 %65.3 %10.0 %2.5 %
ROE22.9 %20.7 %80.4 %10.6 %1.7 %
ROI18.5 %14.8 %65.5 %10.0 %2.5 %
Economic value added (EVA)137.8458.68- 296.81661.66-1 253.98
Solvency
Equity ratio70.9 %62.0 %92.8 %92.7 %83.1 %
Gearing34.7 %60.4 %7.7 %7.0 %19.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.00.1268.86.40.1
Current ratio4.00.1268.86.40.1
Cash and cash equivalents7 350.70367.802 471.511 219.21109.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.53%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.1%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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