CRONE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28323514
Steenstrups Alle 7, 1924 Frederiksberg C
rene@croneandco.com
tel: 25150310

Company information

Official name
CRONE HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About CRONE HOLDING ApS

CRONE HOLDING ApS (CVR number: 28323514) is a company from FREDERIKSBERG. The company recorded a gross profit of -11.2 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were 295.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CRONE HOLDING ApS's liquidity measured by quick ratio was 83.4 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
2019
2020
2021
2022
2023
Volume
Net sales203.21- 125.79
Gross profit192.58- 137.26-10.37-12.41-11.15
EBIT192.58- 137.26-10.37-12.41-11.15
Net earnings188.84- 145.32-16.76-15.02295.30
Shareholders equity total1 421.831 221.211 147.951 075.731 312.13
Balance sheet total (assets)1 554.861 363.121 298.361 237.861 328.05
Net debt- 918.19-1 237.10- 114.73-42.54-1 323.05
Profitability
EBIT-%94.8 %
ROA12.9 %-9.4 %-0.8 %-1.0 %40.0 %
ROE13.7 %-11.0 %-1.4 %-1.4 %24.7 %
ROI13.0 %-9.5 %-0.8 %-1.0 %24.7 %
Economic value added (EVA)204.81- 130.68-3.24-4.85-3.00
Solvency
Equity ratio91.4 %89.6 %88.4 %86.9 %98.8 %
Gearing8.2 %10.3 %11.7 %13.6 %
Relative net indebtedness %-444.0 %970.8 %
Liquidity
Quick ratio7.89.61.71.283.4
Current ratio7.89.61.71.283.4
Cash and cash equivalents1 035.331 363.12249.25188.761 323.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %445.0 %-970.8 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:40.0%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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