CRUDEN BAY A/S — Credit Rating and Financial Key Figures

CVR number: 25059476
Marsvænget 25, 6710 Esbjerg V
567shannon@mail.com

Credit rating

Company information

Official name
CRUDEN BAY A/S
Established
1999
Company form
Limited company
Industry

About CRUDEN BAY A/S

CRUDEN BAY A/S (CVR number: 25059476) is a company from ESBJERG. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -112.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were 1245.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CRUDEN BAY A/S's liquidity measured by quick ratio was 5.7 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 sales286.37-34.83
Gross profit-34.13-35.18-9.63258.46- 111.62
EBIT-34.13-35.18-9.63258.46- 111.62
Net earnings614.05224.31225.88-38.921 245.21
Shareholders equity total5 293.555 117.865 230.745 077.426 204.82
Balance sheet total (assets)6 590.546 186.426 610.246 364.347 519.46
Net debt-4 290.10-4 431.13-5 119.90-4 787.53-6 356.64
Profitability
EBIT-%90.3 %
ROA12.4 %6.1 %7.4 %4.6 %20.9 %
ROE12.0 %4.3 %4.4 %-0.8 %22.1 %
ROI12.5 %6.2 %7.5 %4.7 %21.2 %
Economic value added (EVA)33.1116.4130.82313.40-36.64
Solvency
Equity ratio80.3 %82.7 %79.1 %79.8 %82.5 %
Gearing23.3 %19.7 %22.5 %24.6 %18.7 %
Relative net indebtedness %-1658.9 %17799.8 %
Liquidity
Quick ratio4.65.44.84.75.7
Current ratio4.65.44.84.75.7
Cash and cash equivalents5 525.255 437.856 294.406 037.457 514.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-218.9 %1835.2 %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:20.9%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.5%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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