KROGSGAARD BACON ApS — Credit Rating and Financial Key Figures

CVR number: 31162882
Søndervig Landevej 9, Holmsland 6950 Ringkøbing
tel: 97325511
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Credit rating

Company information

Official name
KROGSGAARD BACON ApS
Established
2008
Domicile
Holmsland
Company form
Private limited company
Industry

About KROGSGAARD BACON ApS

KROGSGAARD BACON ApS (CVR number: 31162882) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 694 kDKK in 2024. The operating profit was -1802.1 kDKK, while net earnings were -3923.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.1 %, 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. KROGSGAARD BACON 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 profit11 718.465 143.546 097.573 475.31694.00
EBIT9 358.832 767.893 681.961 062.79-1 802.13
Net earnings7 126.582 231.762 361.17-1 135.41-3 923.89
Shareholders equity total29 282.6831 524.0433 885.2133 405.2719 808.31
Balance sheet total (assets)102 566.55110 127.76116 513.28113 205.43109 351.76
Net debt54 519.0366 933.8070 811.1972 266.7283 194.18
Profitability
EBIT-%
ROA9.5 %3.0 %3.5 %1.4 %-1.1 %
ROE27.9 %7.3 %7.2 %-3.4 %-14.7 %
ROI10.8 %3.2 %3.8 %1.4 %-1.1 %
Economic value added (EVA)4 557.80- 981.82-1 382.01-3 582.38-5 908.80
Solvency
Equity ratio28.5 %28.6 %29.1 %29.5 %18.1 %
Gearing199.1 %212.3 %209.0 %216.3 %420.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.60.70.50.1
Current ratio1.61.41.71.70.9
Cash and cash equivalents3 794.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-1.09%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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