CRUDEN BAY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 286.37 | -34.83 | |||
Gross profit | -34.13 | -35.18 | -9.63 | 258.46 | - 111.62 |
EBIT | -34.13 | -35.18 | -9.63 | 258.46 | - 111.62 |
Net earnings | 614.05 | 224.31 | 225.88 | -38.92 | 1 245.21 |
Shareholders equity total | 5 293.55 | 5 117.86 | 5 230.74 | 5 077.42 | 6 204.82 |
Balance sheet total (assets) | 6 590.54 | 6 186.42 | 6 610.24 | 6 364.34 | 7 519.46 |
Net debt | -4 290.10 | -4 431.13 | -5 119.90 | -4 787.53 | -6 356.64 |
Profitability | |||||
EBIT-% | 90.3 % | ||||
ROA | 12.4 % | 6.1 % | 7.4 % | 4.6 % | 20.9 % |
ROE | 12.0 % | 4.3 % | 4.4 % | -0.8 % | 22.1 % |
ROI | 12.5 % | 6.2 % | 7.5 % | 4.7 % | 21.2 % |
Economic value added (EVA) | 33.11 | 16.41 | 30.82 | 313.40 | -36.64 |
Solvency | |||||
Equity ratio | 80.3 % | 82.7 % | 79.1 % | 79.8 % | 82.5 % |
Gearing | 23.3 % | 19.7 % | 22.5 % | 24.6 % | 18.7 % |
Relative net indebtedness % | -1658.9 % | 17799.8 % | |||
Liquidity | |||||
Quick ratio | 4.6 | 5.4 | 4.8 | 4.7 | 5.7 |
Current ratio | 4.6 | 5.4 | 4.8 | 4.7 | 5.7 |
Cash and cash equivalents | 5 525.25 | 5 437.85 | 6 294.40 | 6 037.45 | 7 514.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -218.9 % | 1835.2 % | |||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
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