KRAGES BAGERI ApS — Credit Rating and Financial Key Figures

CVR number: 21409480
Sct. Laurentii Vej 104, 9990 Skagen
tel: 98451206

Credit rating

Company information

Official name
KRAGES BAGERI ApS
Personnel
29 persons
Established
1999
Company form
Private limited company
Industry

About KRAGES BAGERI ApS

KRAGES BAGERI ApS (CVR number: 21409480) is a company from FREDERIKSHAVN. The company recorded a gross profit of 5969.3 kDKK in 2022. The operating profit was 171 kDKK, while net earnings were 95.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KRAGES BAGERI ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit5 601.895 510.096 304.475 952.765 969.29
EBIT601.03515.91584.25279.95171.04
Net earnings395.38342.00414.74171.5395.07
Shareholders equity total1 214.531 448.531 752.671 811.201 791.87
Balance sheet total (assets)4 225.574 824.795 042.124 742.194 554.29
Net debt2 079.381 718.861 212.631 011.791 102.30
Profitability
EBIT-%
ROA14.2 %11.5 %11.8 %5.7 %3.7 %
ROE38.9 %25.7 %25.9 %9.6 %5.3 %
ROI17.1 %14.7 %15.6 %7.3 %4.6 %
Economic value added (EVA)333.46253.01316.7289.167.44
Solvency
Equity ratio28.7 %30.0 %34.8 %38.2 %39.3 %
Gearing183.8 %150.0 %120.0 %108.5 %106.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.81.01.01.0
Current ratio1.21.41.51.71.8
Cash and cash equivalents153.00454.38891.38952.81811.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:3.68%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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