KRAFTVAERK GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRAFTVAERK GROUP A/S
KRAFTVAERK GROUP A/S (CVR number: 33639104K) is a company from KØBENHAVN. The company reported a net sales of 95.9 mDKK in 2023, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 2 mDKK), while net earnings were 1339.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. KRAFTVAERK GROUP A/S's liquidity measured by quick ratio was 2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 101.77 | 83.93 | 88.19 | 97.87 | 95.94 |
Gross profit | 85.44 | 66.59 | 70.83 | 76.12 | 71.56 |
EBIT | 2.03 | 1.12 | -2.68 | 4.35 | 1.97 |
Net earnings | -0.81 | 0.74 | 4.13 | 2.60 | 1.34 |
Shareholders equity total | 7.31 | 7.70 | 11.89 | 12.49 | 11.83 |
Balance sheet total (assets) | 27.88 | 30.34 | 26.24 | 29.30 | 32.88 |
Net debt | -4.06 | -4.21 | 1.77 | ||
Profitability | |||||
EBIT-% | 2.0 % | 1.3 % | -3.0 % | 4.4 % | 2.1 % |
ROA | 6.8 % | 3.9 % | 14.5 % | 16.6 % | 6.4 % |
ROE | -9.3 % | 9.9 % | 42.2 % | 21.3 % | 11.0 % |
ROI | 6.8 % | 3.9 % | 19.2 % | 36.3 % | 14.9 % |
Economic value added (EVA) | 1.52 | 0.76 | -3.23 | 2.74 | 1.10 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 47.3 % | 44.6 % | 39.6 % |
Gearing | 0.1 % | 3.7 % | 15.5 % | ||
Relative net indebtedness % | 11.0 % | 12.4 % | 21.9 % | ||
Liquidity | |||||
Quick ratio | 2.5 | 2.1 | 2.0 | ||
Current ratio | 2.3 | 1.9 | 1.7 | ||
Cash and cash equivalents | 4.07 | 4.68 | 0.06 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.5 | 71.2 | 76.5 | ||
Net working capital % | 14.6 % | 12.5 % | 11.9 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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