Krudtbiksen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Krudtbiksen ApS
Krudtbiksen ApS (CVR number: 42121312) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 58.8 % compared to the previous year. The operating profit percentage was at 16.9 % (EBIT: 0.1 mDKK), while net earnings were 58.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.2 %, which can be considered excellent and Return on Equity (ROE) was 65.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Krudtbiksen ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | 141.98 | 266.74 | 423.69 | 
| Gross profit | -11.07 | 9.88 | 71.39 | 
| EBIT | -11.07 | 9.88 | 71.39 | 
| Net earnings | -11.07 | 7.71 | 58.13 | 
| Shareholders equity total | 28.93 | 56.63 | 121.61 | 
| Balance sheet total (assets) | 96.47 | 118.38 | 178.14 | 
| Net debt | -52.22 | -10.27 | -75.27 | 
| Profitability | |||
| EBIT-% | -7.8 % | 3.7 % | 16.9 % | 
| ROA | -11.5 % | 9.2 % | 48.2 % | 
| ROE | -38.3 % | 18.0 % | 65.2 % | 
| ROI | -38.3 % | 14.6 % | 55.3 % | 
| Economic value added (EVA) | -11.07 | 8.88 | 58.31 | 
| Solvency | |||
| Equity ratio | 30.0 % | 47.8 % | 68.3 % | 
| Gearing | 88.3 % | 24.7 % | |
| Relative net indebtedness % | 10.8 % | 0.6 % | -11.5 % | 
| Liquidity | |||
| Quick ratio | 0.8 | 1.1 | 2.0 | 
| Current ratio | 1.4 | 2.0 | 3.2 | 
| Cash and cash equivalents | 52.22 | 60.27 | 105.27 | 
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | 20.4 % | 22.0 % | 28.7 % | 
| Credit risk | |||
| Credit rating | BB | BB | BB | 
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