CRONE HOTEL APARTMENTS ApS — Credit Rating and Financial Key Figures

CVR number: 33505485
Brolæggerstræde 3, 1211 København K

Credit rating

Company information

Official name
CRONE HOTEL APARTMENTS ApS
Established
2011
Company form
Private limited company
Industry

About CRONE HOTEL APARTMENTS ApS

CRONE HOTEL APARTMENTS ApS (CVR number: 33505485) is a company from KØBENHAVN. The company recorded a gross profit of 142.6 kDKK in 2024. The operating profit was 127.6 kDKK, while net earnings were 44.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CRONE HOTEL APARTMENTS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit185.00174.00121.00156.00142.59
EBIT175.00159.00106.00141.00127.59
Net earnings93.0056.0016.0050.0044.60
Shareholders equity total442.00384.00400.00450.00494.46
Balance sheet total (assets)2 645.002 604.002 581.002 523.002 552.76
Net debt1 174.001 442.001 397.001 353.001 688.77
Profitability
EBIT-%
ROA6.7 %6.1 %4.1 %5.6 %5.3 %
ROE23.5 %13.6 %4.1 %11.8 %9.4 %
ROI6.9 %6.4 %4.4 %6.0 %5.7 %
Economic value added (EVA)23.37-4.07-42.10-11.59-20.22
Solvency
Equity ratio16.7 %14.7 %15.5 %17.8 %19.4 %
Gearing475.1 %536.7 %497.3 %426.0 %373.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.72.92.52.70.7
Current ratio5.72.92.52.70.7
Cash and cash equivalents926.00619.00592.00564.00155.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.33%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.4%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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