Cromwell Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cromwell Denmark A/S
Cromwell Denmark A/S (CVR number: 27208827) is a company from KØBENHAVN. The company recorded a gross profit of 2015.5 kDKK in 2023. The operating profit was -3236.7 kDKK, while net earnings were -3208.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48.2 %, which can be considered poor and Return on Equity (ROE) was -78.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. Cromwell Denmark A/S's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 254.72 | -2 323.54 | 1 997.51 | 1 596.15 | 2 015.50 |
EBIT | -2 768.67 | -5 644.04 | -3 600.33 | -3 297.39 | -3 236.74 |
Net earnings | -2 773.85 | -5 644.19 | -3 600.33 | -3 297.70 | -3 208.81 |
Shareholders equity total | 950.90 | 306.71 | 506.38 | 3 208.68 | 4 999.87 |
Balance sheet total (assets) | 4 022.51 | 5 207.63 | 4 749.19 | 6 402.80 | 6 881.21 |
Net debt | 200.82 | 1 360.96 | 2 339.69 | - 115.97 | -3 067.03 |
Profitability | |||||
EBIT-% | |||||
ROA | -35.0 % | -122.3 % | -72.3 % | -59.1 % | -48.2 % |
ROE | -295.8 % | -897.6 % | -885.6 % | -177.5 % | -78.2 % |
ROI | -49.5 % | -199.3 % | -100.4 % | -81.9 % | -66.0 % |
Economic value added (EVA) | -2 727.00 | -5 656.51 | -3 508.12 | -3 296.92 | -3 317.86 |
Solvency | |||||
Equity ratio | 23.6 % | 5.9 % | 10.7 % | 50.1 % | 72.7 % |
Gearing | 95.0 % | 1142.0 % | 563.9 % | 46.1 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 1.1 | 1.9 | 3.5 |
Current ratio | 1.3 | 1.0 | 1.1 | 1.9 | 3.5 |
Cash and cash equivalents | 702.77 | 2 141.72 | 515.87 | 1 594.42 | 3 091.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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