KRONE SCANBALT A/S — Credit Rating and Financial Key Figures

CVR number: 20003286
Kilen 5, Bovmark 6330 Padborg
post@scanbalt.dk
tel: 73115000

Company information

Official name
KRONE SCANBALT A/S
Personnel
35 persons
Established
1997
Domicile
Bovmark
Company form
Limited company
Industry

About KRONE SCANBALT A/S

KRONE SCANBALT A/S (CVR number: 20003286) is a company from AABENRAA. The company reported a net sales of 202.5 mDKK in 2024, demonstrating a decline of -44.6 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 9.7 mDKK), while net earnings were 5620 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KRONE SCANBALT A/S'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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales273.69322.08325.04365.63202.46
Gross profit273.69322.08325.0432.8431.34
EBIT-0.308.046.817.579.72
Net earnings-12.1831.3824.0535.275.62
Shareholders equity total108.41140.24177.22189.69197.38
Balance sheet total (assets)420.02462.12455.69553.04520.11
Net debt326.56297.14
Profitability
EBIT-%-0.1 %2.5 %2.1 %2.1 %4.8 %
ROA-0.1 %1.8 %1.5 %8.7 %4.0 %
ROE-10.4 %25.2 %15.2 %19.2 %2.9 %
ROI-0.1 %1.8 %1.5 %8.9 %4.2 %
Economic value added (EVA)1.502.59-0.23-4.1913.35
Solvency
Equity ratio100.0 %100.0 %99.8 %34.5 %38.0 %
Gearing179.5 %154.3 %
Relative net indebtedness %95.6 %155.7 %
Liquidity
Quick ratio0.50.1
Current ratio0.70.4
Cash and cash equivalents13.997.47
Capital use efficiency
Trade debtors turnover (days)10.724.0
Net working capital %-29.4 %-101.4 %
Credit risk
Credit ratingBBBBBBAAAAAA

Variable visualization

ROA:4.03%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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