Henning G. Kruse Holding A/S — Credit Rating and Financial Key Figures

CVR number: 40231323
Esbjerg Brygge 28, 6700 Esbjerg

Company information

Official name
Henning G. Kruse Holding A/S
Personnel
1 person
Established
2019
Company form
Limited company
Industry

About Henning G. Kruse Holding A/S

Henning G. Kruse Holding A/S (CVR number: 40231323) is a company from ESBJERG. The company recorded a gross profit of -670 kDKK in 2024. The operating profit was -1205 kDKK, while net earnings were 5973 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. Henning G. Kruse Holding A/S's liquidity measured by quick ratio was 0.3 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-1 716.00-1 509.00-1 721.00-2 150.00- 670.00
EBIT-2 573.00-2 083.00-2 457.00-2 795.00-1 205.00
Net earnings-4 675.001 650.00-20 903.001 933.005 973.00
Shareholders equity total104 367.00106 017.0085 114.0087 047.0093 020.00
Balance sheet total (assets)107 503.00114 488.0099 328.00120 635.00116 918.00
Net debt-67 616.00-61 487.00-29 856.0018 858.008 396.00
Profitability
EBIT-%
ROA-0.4 %1.6 %-3.1 %4.9 %8.4 %
ROE-4.4 %1.6 %-21.9 %2.2 %6.6 %
ROI-0.4 %1.6 %-3.1 %5.2 %9.5 %
Economic value added (EVA)-8 119.36-7 381.23-8 200.77-6 963.37-6 912.56
Solvency
Equity ratio97.1 %92.6 %85.7 %72.2 %79.6 %
Gearing2.6 %7.8 %16.4 %22.7 %13.2 %
Relative net indebtedness %
Liquidity
Quick ratio22.68.33.10.30.3
Current ratio22.68.33.10.30.3
Cash and cash equivalents70 304.0069 713.0043 825.00882.003 864.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:8.44%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.6%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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