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 156.6 kDKK in 2024. The operating profit was 135.5 kDKK, while net earnings were 13.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 19.3 %, 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. KRARUP HERNING 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit276.49255.89278.95188.46156.61
EBIT254.13233.53257.88167.39135.54
Net earnings122.65131.27185.2045.9013.78
Shareholders equity total671.58689.85760.65688.75580.53
Balance sheet total (assets)2 998.702 976.343 021.813 117.393 011.05
Net debt1 839.53706.151 707.111 791.851 852.07
Profitability
EBIT-%
ROA8.4 %7.8 %8.6 %5.5 %4.4 %
ROE20.1 %19.3 %25.5 %6.3 %2.2 %
ROI9.7 %11.4 %12.5 %6.2 %5.0 %
Economic value added (EVA)65.1351.19125.65-5.77-33.32
Solvency
Equity ratio22.4 %23.2 %25.2 %22.1 %19.3 %
Gearing273.9 %102.4 %232.2 %284.3 %332.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.0
Current ratio0.00.10.0
Cash and cash equivalents58.89166.5475.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.42%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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