KRONBORG TANKTRANSPORT ApS — Credit Rating and Financial Key Figures

CVR number: 34464626
Gjettrupvej 1, 7500 Holstebro

Credit rating

Company information

Official name
KRONBORG TANKTRANSPORT ApS
Established
2012
Company form
Private limited company
Industry

About KRONBORG TANKTRANSPORT ApS

KRONBORG TANKTRANSPORT ApS (CVR number: 34464626) is a company from HOLSTEBRO. The company recorded a gross profit of 51.9 kDKK in 2023. The operating profit was 51.9 kDKK, while net earnings were 23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. KRONBORG TANKTRANSPORT ApS's liquidity measured by quick ratio was 1.5 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 profit68.7752.3178.4288.6151.92
EBIT64.7452.3178.4288.6151.92
Net earnings48.1340.8060.5654.8223.55
Shareholders equity total651.83692.63753.19308.01331.56
Balance sheet total (assets)753.85738.48891.58926.58987.33
Net debt- 141.47- 188.15-71.94- 274.66- 284.44
Profitability
EBIT-%
ROA7.4 %7.0 %9.6 %9.7 %6.5 %
ROE6.4 %6.1 %8.4 %10.3 %7.4 %
ROI8.7 %7.8 %10.8 %11.2 %7.3 %
Economic value added (EVA)14.9915.1635.8134.8864.83
Solvency
Equity ratio86.5 %93.8 %84.5 %33.2 %33.6 %
Gearing168.0 %165.8 %
Relative net indebtedness %
Liquidity
Quick ratio7.421.57.31.51.5
Current ratio7.421.57.31.51.5
Cash and cash equivalents141.47188.1571.94792.16834.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.51%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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