KRONE KAPITAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRONE KAPITAL A/S
KRONE KAPITAL A/S (CVR number: 10074282) is a company from MORSØ. The company recorded a gross profit of 82.9 mDKK in 2023. The operating profit was 52.3 mDKK, while net earnings were 51.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRONE KAPITAL A/S's liquidity measured by quick ratio was 6.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 45 642.00 | 47 492.00 | 56 460.00 | 69 531.00 | 82 912.00 |
EBIT | 19 269.00 | 13 930.00 | 29 285.00 | 38 362.00 | 52 288.00 |
Net earnings | 18 249.00 | 13 951.00 | 26 970.00 | 36 022.00 | 51 470.00 |
Shareholders equity total | 201 416.00 | 215 367.00 | 242 337.00 | 278 359.00 | 329 829.00 |
Balance sheet total (assets) | 237 331.00 | 262 046.00 | 292 682.00 | 333 894.00 | 382 656.00 |
Net debt | - 177 569.00 | - 218 672.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 8.6 % | 5.6 % | 10.6 % | 14.2 % | 16.6 % |
ROE | 9.5 % | 6.7 % | 11.8 % | 13.8 % | 16.9 % |
ROI | 9.0 % | 5.6 % | 10.6 % | 15.6 % | 21.8 % |
Economic value added (EVA) | 11 643.52 | 1 131.74 | 12 590.18 | 17 769.00 | 37 222.67 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 83.4 % | 86.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.8 | 6.9 | |||
Current ratio | 6.8 | 6.9 | |||
Cash and cash equivalents | 177 569.00 | 218 672.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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