KRIFON A/S — Credit Rating and Financial Key Figures

CVR number: 11987281
Bigumvej 7, 2770 Kastrup
tel: 77315302

Credit rating

Company information

Official name
KRIFON A/S
Personnel
1 person
Established
1988
Company form
Limited company
Industry

About KRIFON A/S

KRIFON A/S (CVR number: 11987281) is a company from TÅRNBY. The company recorded a gross profit of 1043.7 kDKK in 2023. The operating profit was 157.9 kDKK, while net earnings were 93.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRIFON A/S's liquidity measured by quick ratio was 10.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit1 236.842 032.021 806.062 528.511 043.68
EBIT- 177.23599.39311.66935.08157.87
Net earnings- 210.79545.99274.34850.7093.86
Shareholders equity total354.39900.381 174.722 025.412 119.28
Balance sheet total (assets)994.691 764.901 955.372 571.042 344.88
Net debt- 768.91-1 364.25-1 532.24-1 969.93- 745.56
Profitability
EBIT-%
ROA-17.5 %43.4 %17.6 %41.3 %8.3 %
ROE-45.8 %87.0 %26.4 %53.2 %4.5 %
ROI-38.5 %95.5 %31.5 %58.4 %9.9 %
Economic value added (EVA)- 181.55620.22334.97953.05155.08
Solvency
Equity ratio35.6 %51.0 %60.1 %78.8 %90.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.61.82.34.610.4
Current ratio1.61.82.34.610.4
Cash and cash equivalents768.911 364.251 532.241 969.93745.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:8.31%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.4%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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