KRARUP HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 31862272
Truelsensvej 22, 7400 Herning
mail@bilbiksen.dk
tel: 26213020

Credit rating

Company information

Official name
KRARUP HERNING ApS
Established
2014
Company form
Private limited company
Industry

About KRARUP HERNING ApS

KRARUP HERNING ApS (CVR number: 31862272) is a company from HERNING. The company recorded a gross profit of 188.5 kDKK in 2023. The operating profit was 167.4 kDKK, while net earnings were 45.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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. KRARUP HERNING ApS's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit267.11276.49255.89278.95188.46
EBIT244.75254.13233.53257.88167.39
Net earnings109.63122.65131.27185.2045.90
Shareholders equity total548.93671.58689.85760.65688.75
Balance sheet total (assets)3 021.072 998.702 976.343 021.813 117.39
Net debt2 025.721 839.53706.151 707.111 791.85
Profitability
EBIT-%
ROA8.1 %8.4 %7.8 %8.6 %5.5 %
ROE22.2 %20.1 %19.3 %25.5 %6.3 %
ROI9.2 %9.7 %11.4 %12.5 %6.2 %
Economic value added (EVA)168.76170.38147.69165.7991.21
Solvency
Equity ratio18.2 %22.4 %23.2 %25.2 %22.1 %
Gearing369.0 %273.9 %102.4 %232.2 %284.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.1
Current ratio0.00.1
Cash and cash equivalents58.89166.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.45%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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