CR Electric Holding A/S — Credit Rating and Financial Key Figures

CR Electric Holding A/S (CVR number: 40666729K) is a company from ROSKILDE. The company reported a net sales of 252.2 mDKK in 2023, demonstrating a decline of -12.2 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 17.8 mDKK), while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 47 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. CR Electric Holding A/S's liquidity measured by quick ratio was 1.7 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.