Craftive Leather ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Craftive Leather ApS
Craftive Leather ApS (CVR number: 37907472) is a company from KOLDING. The company recorded a gross profit of 205.8 kDKK in 2024. The operating profit was -89.5 kDKK, while net earnings were -69.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.7 %, which can be considered poor and Return on Equity (ROE) was -60 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Craftive Leather ApS's liquidity measured by quick ratio was 1.6 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 | 248.76 | 250.54 | 163.10 | 277.03 | 205.77 |
EBIT | -69.34 | 47.82 | 26.87 | -17.30 | -89.54 |
Net earnings | -54.18 | 36.51 | 20.02 | -13.48 | -69.84 |
Shareholders equity total | 108.30 | 144.81 | 164.83 | 151.35 | 81.51 |
Balance sheet total (assets) | 177.95 | 179.90 | 203.43 | 178.95 | 148.23 |
Net debt | -95.87 | - 121.71 | - 147.99 | - 122.40 | -39.72 |
Profitability | |||||
EBIT-% | |||||
ROA | -35.7 % | 26.7 % | 14.0 % | -9.0 % | -54.7 % |
ROE | -40.0 % | 28.9 % | 12.9 % | -8.5 % | -60.0 % |
ROI | -49.1 % | 34.6 % | 16.1 % | -10.2 % | -62.0 % |
Economic value added (EVA) | -62.26 | 31.27 | 13.10 | -22.36 | -78.03 |
Solvency | |||||
Equity ratio | 60.9 % | 80.5 % | 81.0 % | 84.6 % | 55.0 % |
Gearing | 10.7 % | 8.0 % | 7.0 % | 7.7 % | 54.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 4.0 | 4.3 | 5.1 | 1.6 |
Current ratio | 2.5 | 5.1 | 5.3 | 6.5 | 2.2 |
Cash and cash equivalents | 107.48 | 133.33 | 159.60 | 134.01 | 84.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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