KRAKS FOND — Credit Rating and Financial Key Figures

CVR number: 48953018
Ny Østergade 7, 1101 København K

Credit rating

Company information

Official name
KRAKS FOND
Personnel
4 persons
Established
1924
Industry
  • Expand more icon88Social work activities without accommodation

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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-12 267.897 655.941 651.51371.1613 419.41
Shareholders equity total415 587.50421 846.22421 459.54420 785.65429 433.55
Balance sheet total (assets)433 634.56431 185.34424 365.82421 995.84431 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)12 775.148 642.658 265.949 034.3611 171.74
Solvency
Equity ratio95.8 %97.8 %99.3 %99.7 %99.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio20.239.0119.1270.1216.5
Current ratio20.239.0119.1270.1216.5
Cash and cash equivalents311 771.41300 661.15293 722.65321 558.70333 693.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.26%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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