CRONOR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 70744317
Kuldyssen 4, 2630 Taastrup

Credit rating

Company information

Official name
CRONOR HOLDING ApS
Established
1982
Company form
Private limited company
Industry

About CRONOR HOLDING ApS

CRONOR HOLDING ApS (CVR number: 70744317) is a company from Høje-Taastrup. The company recorded a gross profit of 436.8 kDKK in 2023. The operating profit was 340 kDKK, while net earnings were 234.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. CRONOR HOLDING ApS's liquidity measured by quick ratio was 4 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 profit399.06495.55432.98487.67436.79
EBIT330.51427.00364.43419.12339.99
Net earnings247.06366.79277.31281.48234.76
Shareholders equity total2 589.892 846.083 010.393 177.473 294.43
Balance sheet total (assets)5 479.535 558.065 593.795 619.405 658.72
Net debt2 276.211 999.491 661.431 472.591 348.20
Profitability
EBIT-%
ROA7.0 %9.4 %7.4 %7.8 %6.4 %
ROE10.0 %13.5 %9.5 %9.1 %7.3 %
ROI7.5 %9.9 %7.7 %8.0 %6.5 %
Economic value added (EVA)121.81201.93161.89218.19157.39
Solvency
Equity ratio47.3 %51.2 %53.8 %56.5 %58.2 %
Gearing95.7 %83.0 %75.3 %67.4 %61.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.63.84.94.0
Current ratio2.53.63.84.94.0
Cash and cash equivalents202.92362.57605.96669.10667.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:6.37%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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