Krogh Vind ApS — Credit Rating and Financial Key Figures

CVR number: 39591367
Vesterhavsgade 156, 7680 Thyborøn

Credit rating

Company information

Official name
Krogh Vind ApS
Established
2018
Company form
Private limited company
Industry

About Krogh Vind ApS

Krogh Vind ApS (CVR number: 39591367) is a company from LEMVIG. The company recorded a gross profit of -15.5 kDKK in 2024. The operating profit was -15.5 kDKK, while net earnings were -23.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent but Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.2 %, 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. Krogh Vind ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-5.71-3.75-4.25-4.81-15.49
EBIT-66.76-64.80-72.67-4.81-15.49
Net earnings27.4219.8860.7434.76-23.76
Shareholders equity total90.79110.67171.42206.18182.42
Balance sheet total (assets)1 085.491 191.361 556.401 458.301 494.22
Net debt963.211 043.681 329.101 187.861 250.40
Profitability
EBIT-%
ROA5.8 %4.7 %8.1 %18.4 %16.5 %
ROE35.6 %19.7 %43.1 %18.4 %-12.2 %
ROI5.8 %4.7 %8.1 %6.5 %3.4 %
Economic value added (EVA)- 108.10- 105.26- 115.31-82.08-87.10
Solvency
Equity ratio8.4 %9.3 %11.0 %14.1 %12.2 %
Gearing1060.9 %943.0 %775.4 %576.1 %685.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.2%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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