CRIN 2005 ApS — Credit Rating and Financial Key Figures

CVR number: 26658624
Stejlundvej 15, 6870 Ølgod
smed.rask@live.dk
tel: 75331922

Credit rating

Company information

Official name
CRIN 2005 ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About CRIN 2005 ApS

CRIN 2005 ApS (CVR number: 26658624) is a company from VARDE. The company recorded a gross profit of 100.8 kDKK in 2024. The operating profit was 54.7 kDKK, while net earnings were 128.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CRIN 2005 ApS's liquidity measured by quick ratio was 33.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit113.67238.30160.20140.57100.84
EBIT55.72140.4163.6485.7054.66
Net earnings29.20111.6839.99118.04128.13
Shareholders equity total5 953.515 952.195 877.785 878.025 884.15
Balance sheet total (assets)6 281.456 006.746 052.885 974.495 998.65
Net debt-3 777.01-3 618.65-3 647.14-3 645.68-3 779.32
Profitability
EBIT-%
ROA0.9 %2.3 %1.1 %2.0 %2.1 %
ROE0.5 %1.9 %0.7 %2.0 %2.2 %
ROI0.9 %2.4 %1.1 %2.0 %2.2 %
Economic value added (EVA)-65.8631.04-53.62-26.38-57.52
Solvency
Equity ratio94.8 %99.1 %97.1 %98.4 %98.1 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio12.268.121.839.333.7
Current ratio12.368.321.939.333.7
Cash and cash equivalents3 777.013 618.653 647.223 645.683 779.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:2.14%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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