KRARUP ApS — Credit Rating and Financial Key Figures

CVR number: 27394884
Holmevej 34, 2830 Virum
tel: 45858488

Company information

Official name
KRARUP ApS
Established
2003
Company form
Private limited company
Industry

About KRARUP ApS

KRARUP ApS (CVR number: 27394884) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.1 mDKK in 2023. The operating profit percentage was poor at -104.1 % (EBIT: -0.1 mDKK), while net earnings were 3538.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.6 %, which can be considered excellent and Return on Equity (ROE) was 132.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -16.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KRARUP ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales309.00315.00300.0062.32
Gross profit154.12192.29183.25- 167.34-64.86
EBIT154.12192.29183.25- 167.34-64.86
Net earnings155.31171.97183.06639.703 538.85
Shareholders equity total-5 412.16-5 240.19-5 057.13-4 417.43- 878.57
Balance sheet total (assets)205.16239.85112.12848.274 495.52
Net debt5 489.635 328.525 135.345 248.255 304.69
Profitability
EBIT-%49.9 %61.0 %61.1 %-104.1 %
ROA2.7 %3.1 %3.4 %12.3 %66.6 %
ROE82.2 %77.3 %104.0 %133.2 %132.4 %
ROI2.7 %3.1 %3.5 %12.3 %66.6 %
Economic value added (EVA)441.70469.20452.6887.02198.64
Solvency
Equity ratio-96.3 %-95.6 %-96.7 %-83.9 %-16.3 %
Gearing-103.3 %-104.0 %-101.6 %-119.2 %-611.1 %
Relative net indebtedness %1786.0 %1701.1 %1731.3 %8519.8 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents98.49121.514.6717.4464.11
Capital use efficiency
Trade debtors turnover (days)110.7121.7114.1
Net working capital %-1751.5 %-1663.6 %-1685.7 %-8494.8 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:66.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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