KRAG INVESTMENT A/S — Credit Rating and Financial Key Figures

CVR number: 13928185
Skovby Bygade 15, 6200 Aabenraa

Company information

Official name
KRAG INVESTMENT A/S
Personnel
2 persons
Established
1990
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 555.051 142.166 590.85-1 792.99- 100.58
EBIT1 184.37797.216 112.77-2 193.55- 447.11
Net earnings468.429 718.113 926.78-6 906.802 584.83
Shareholders equity total136 273.78145 841.88151 302.33146 259.67148 226.48
Balance sheet total (assets)195 631.68195 782.76192 817.78190 245.92190 076.94
Net debt5 008.54-2 173.55-2 031.659 312.7217 610.29
Profitability
EBIT-%
ROA3.4 %6.8 %6.7 %-0.2 %4.1 %
ROE0.3 %6.9 %2.6 %-4.6 %1.8 %
ROI3.9 %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 ratio69.7 %74.5 %78.5 %76.9 %78.0 %
Gearing27.2 %22.6 %17.9 %20.6 %27.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.32.52.42.5
Current ratio2.02.42.62.52.5
Cash and cash equivalents32 094.2935 136.4929 162.9920 795.8722 923.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.09%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.0%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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