CHROMADAN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHROMADAN A/S
CHROMADAN A/S (CVR number: 20503580) is a company from HALSNÆS. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 0.1 mDKK), while net earnings were -15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CHROMADAN A/S's liquidity measured by quick ratio was 1.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 880.49 | 2 379.20 | 1 904.80 | 1 587.47 | 1 530.79 |
Gross profit | 584.53 | 760.15 | 505.60 | 650.48 | 599.08 |
EBIT | 23.66 | 250.79 | -53.19 | 94.55 | 57.37 |
Net earnings | 2.58 | 184.71 | -66.77 | -64.73 | -15.34 |
Shareholders equity total | 1 177.26 | 1 361.98 | 1 356.78 | 1 292.05 | 1 276.70 |
Balance sheet total (assets) | 2 464.51 | 2 940.64 | 2 603.64 | 2 410.37 | 2 303.42 |
Net debt | 733.77 | 265.04 | - 215.08 | 583.13 | 569.99 |
Profitability | |||||
EBIT-% | 1.3 % | 10.5 % | -2.8 % | 6.0 % | 3.7 % |
ROA | 1.1 % | 9.5 % | -1.9 % | 9.9 % | 3.4 % |
ROE | 0.2 % | 14.5 % | -4.9 % | -4.9 % | -1.2 % |
ROI | 0.8 % | 10.7 % | -2.3 % | -2.6 % | 1.6 % |
Economic value added (EVA) | -39.60 | 92.06 | - 134.94 | 37.18 | -36.86 |
Solvency | |||||
Equity ratio | 47.8 % | 46.3 % | 52.1 % | 53.6 % | 55.4 % |
Gearing | 89.6 % | 74.7 % | 11.3 % | 70.0 % | 66.6 % |
Relative net indebtedness % | 51.4 % | 34.7 % | 46.1 % | 50.2 % | 48.8 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.3 | 1.5 | 1.6 |
Current ratio | 3.7 | 2.4 | 3.5 | 3.8 | 4.0 |
Cash and cash equivalents | 321.23 | 752.37 | 367.97 | 321.84 | 279.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 33.6 % | 32.8 % | 37.8 % | 37.6 % | 34.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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