Kragelund ApS — Credit Rating and Financial Key Figures

CVR number: 41286989
Østervang 82, 7441 Bording

Credit rating

Company information

Official name
Kragelund ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Kragelund ApS

Kragelund ApS (CVR number: 41286989) is a company from IKAST-BRANDE. The company recorded a gross profit of 256.7 kDKK in 2024. The operating profit was 306.7 kDKK, while net earnings were 149.6 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 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.3 %, 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. Kragelund 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit294.61421.15426.64338.57256.71
EBIT294.611 283.07241.66358.42306.71
Net earnings162.96913.58102.92192.80149.57
Shareholders equity total202.961 116.541 219.461 412.261 261.83
Balance sheet total (assets)5 773.106 854.386 838.987 057.436 891.67
Net debt4 619.964 509.994 547.534 464.144 393.88
Profitability
EBIT-%
ROA5.1 %20.3 %3.5 %5.2 %4.4 %
ROE80.3 %138.5 %8.8 %14.7 %11.2 %
ROI5.9 %23.3 %4.0 %5.9 %5.0 %
Economic value added (EVA)223.77761.18-92.24-9.29-54.09
Solvency
Equity ratio3.5 %16.3 %17.8 %20.0 %18.3 %
Gearing2352.0 %420.4 %378.2 %320.8 %359.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.40.1
Current ratio0.20.20.20.40.1
Cash and cash equivalents153.63183.3864.7466.14136.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.40%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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