KRAKS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRAKS FOND
KRAKS FOND (CVR number: 48953018) is a company from KØBENHAVN. The company recorded a gross profit of -8404.3 kDKK in 2023. The operating profit was -8931.7 kDKK, while net earnings were 13.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRAKS FOND's liquidity measured by quick ratio was 216.5 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 | -4 351.35 | -8 812.30 | -8 292.84 | -8 208.41 | -8 404.33 |
EBIT | -5 147.39 | -9 335.80 | -8 852.84 | -8 718.41 | -8 931.69 |
Net earnings | -12 267.89 | 7 655.94 | 1 651.51 | 371.16 | 13 419.41 |
Shareholders equity total | 415 587.50 | 421 846.22 | 421 459.54 | 420 785.65 | 429 433.55 |
Balance sheet total (assets) | 433 634.56 | 431 185.34 | 424 365.82 | 421 995.84 | 431 046.77 |
Net debt | - 311 771.41 | - 300 661.15 | - 293 722.65 | - 321 558.70 | - 333 693.42 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.5 % | 2.4 % | 4.3 % | 5.0 % | 3.3 % |
ROE | -2.8 % | 1.8 % | 0.4 % | 0.1 % | 3.2 % |
ROI | -1.6 % | 2.5 % | 4.4 % | 5.0 % | 3.3 % |
Economic value added (EVA) | 12 775.14 | 8 642.65 | 8 265.94 | 9 034.36 | 11 171.74 |
Solvency | |||||
Equity ratio | 95.8 % | 97.8 % | 99.3 % | 99.7 % | 99.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 20.2 | 39.0 | 119.1 | 270.1 | 216.5 |
Current ratio | 20.2 | 39.0 | 119.1 | 270.1 | 216.5 |
Cash and cash equivalents | 311 771.41 | 300 661.15 | 293 722.65 | 321 558.70 | 333 693.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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