KRAG INVESTMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRAG INVESTMENT A/S
KRAG INVESTMENT A/S (CVR number: 13928185) is a company from AABENRAA. The company recorded a gross profit of -100.6 kDKK in 2024. The operating profit was -447.1 kDKK, while net earnings were 2584.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KRAG INVESTMENT A/S's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 555.05 | 1 142.16 | 6 590.85 | -1 792.99 | - 100.58 |
EBIT | 1 184.37 | 797.21 | 6 112.77 | -2 193.55 | - 447.11 |
Net earnings | 468.42 | 9 718.11 | 3 926.78 | -6 906.80 | 2 584.83 |
Shareholders equity total | 136 273.78 | 145 841.88 | 151 302.33 | 146 259.67 | 148 226.48 |
Balance sheet total (assets) | 195 631.68 | 195 782.76 | 192 817.78 | 190 245.92 | 190 076.94 |
Net debt | 5 008.54 | -2 173.55 | -2 031.65 | 9 312.72 | 17 610.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 6.8 % | 6.7 % | -0.2 % | 4.1 % |
ROE | 0.3 % | 6.9 % | 2.6 % | -4.6 % | 1.8 % |
ROI | 3.9 % | 7.6 % | 7.3 % | -0.3 % | 4.2 % |
Economic value added (EVA) | -8 025.25 | -8 057.96 | -4 242.06 | -11 377.98 | -9 303.89 |
Solvency | |||||
Equity ratio | 69.7 % | 74.5 % | 78.5 % | 76.9 % | 78.0 % |
Gearing | 27.2 % | 22.6 % | 17.9 % | 20.6 % | 27.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.3 | 2.5 | 2.4 | 2.5 |
Current ratio | 2.0 | 2.4 | 2.6 | 2.5 | 2.5 |
Cash and cash equivalents | 32 094.29 | 35 136.49 | 29 162.99 | 20 795.87 | 22 923.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
Variable visualization
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