KRUSE FORMVÆRKTØJ ApS — Credit Rating and Financial Key Figures

CVR number: 33771150
Industrivej 37, 6760 Ribe
ak@kruse-form.dk

Credit rating

Company information

Official name
KRUSE FORMVÆRKTØJ ApS
Personnel
7 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon256300

About KRUSE FORMVÆRKTØJ ApS

KRUSE FORMVÆRKTØJ ApS (CVR number: 33771150) is a company from ESBJERG. The company recorded a gross profit of 5171 kDKK in 2024. The operating profit was 713.4 kDKK, while net earnings were 280 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.3 %, 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. KRUSE FORMVÆRKTØJ ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit3 559.133 345.014 339.234 954.005 171.01
EBIT390.26-97.08525.06765.27713.36
Net earnings147.47- 221.99229.15350.30280.03
Shareholders equity total775.59553.59782.741 133.041 413.07
Balance sheet total (assets)7 264.947 192.807 013.858 132.717 818.61
Net debt4 309.403 823.693 607.504 850.304 785.64
Profitability
EBIT-%
ROA6.2 %-1.2 %7.4 %10.2 %9.0 %
ROE21.0 %-33.4 %34.3 %36.6 %22.0 %
ROI8.2 %-1.8 %11.6 %14.2 %11.2 %
Economic value added (EVA)191.68- 289.28225.81404.98301.82
Solvency
Equity ratio11.1 %8.3 %12.0 %14.7 %18.3 %
Gearing555.6 %690.7 %464.4 %428.1 %338.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.40.30.3
Current ratio0.40.50.40.30.3
Cash and cash equivalents27.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.01%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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