Creditro A/S — Credit Rating and Financial Key Figures

CVR number: 39181169
Østervangsvej 4 C, 6715 Esbjerg N
info@creditro.com
tel: 72161701
www.creditro.com

Company information

Official name
Creditro A/S
Personnel
25 persons
Established
2017
Company form
Limited company
Industry

About Creditro A/S

Creditro A/S (CVR number: 39181169) is a company from ESBJERG. The company recorded a gross profit of 10.1 mDKK in 2023. The operating profit was -6633.9 kDKK, while net earnings were -5485.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.3 %, which can be considered poor and Return on Equity (ROE) was -185.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.8 %, 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. Creditro A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-26.80525.764 393.823 121.4110 145.21
EBIT- 579.11- 802.37- 507.60-9 920.69-6 633.85
Net earnings- 583.80- 573.75- 510.01-8 226.93-5 485.90
Shareholders equity total1 420.78847.031 185.375 695.76209.87
Balance sheet total (assets)1 916.133 291.437 813.5911 650.8811 853.91
Net debt423.54331.001 536.22-1 253.81-2 673.60
Profitability
EBIT-%
ROA-29.2 %-30.8 %-9.0 %-101.9 %-56.3 %
ROE-34.1 %-50.6 %-50.2 %-239.1 %-185.8 %
ROI-29.9 %-51.0 %-19.5 %-187.8 %-168.1 %
Economic value added (EVA)- 679.65- 629.17- 550.17-8 177.22-5 487.67
Solvency
Equity ratio74.5 %25.8 %17.1 %48.9 %1.8 %
Gearing29.8 %39.1 %129.6 %17.6 %459.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.21.00.5
Current ratio0.20.20.21.00.5
Cash and cash equivalents2 253.813 638.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-56.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.77%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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