KRONE-TAG 1 ApS — Credit Rating and Financial Key Figures

CVR number: 36391855
Stålhøjvej 21, 4550 Asnæs

Credit rating

Company information

Official name
KRONE-TAG 1 ApS
Personnel
11 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About KRONE-TAG 1 ApS

KRONE-TAG 1 ApS (CVR number: 36391855) is a company from ODSHERRED. The company recorded a gross profit of -4.9 kDKK in 2020. The operating profit was -12 kDKK, while net earnings were 10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 16 %, 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. KRONE-TAG 1 ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit4 152.445 146.704 782.761 483.74-4.92
EBIT166.52918.491 112.661 483.74-12.03
Net earnings18.19602.12766.671 209.9210.82
Shareholders equity total212.25814.371 581.04140.96151.78
Balance sheet total (assets)4 912.055 543.655 413.81755.97947.89
Net debt1 448.58274.341 167.49257.00566.93
Profitability
EBIT-%
ROA3.4 %17.6 %20.3 %50.3 %1.7 %
ROE8.6 %117.3 %64.0 %140.5 %7.4 %
ROI4.2 %21.5 %26.3 %71.8 %2.2 %
Economic value added (EVA)116.56820.47998.791 137.04-16.39
Solvency
Equity ratio4.3 %14.7 %30.5 %18.6 %16.0 %
Gearing1777.3 %458.4 %148.3 %182.3 %504.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.31.21.2
Current ratio0.91.11.31.21.2
Cash and cash equivalents2 323.783 458.731 177.55198.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBB

Variable visualization

ROA:1.70%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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