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KRAGES BAGERI ApS — Credit Rating and Financial Key Figures

CVR number: 21409480
Sct. Laurentii Vej 104, 9990 Skagen
tel: 98451206
Free credit report Annual report

Company information

Official name
KRAGES BAGERI ApS
Personnel
2 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 4296 kDKK in 2024. The operating profit was -84.6 kDKK, while net earnings were -85 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KRAGES BAGERI ApS's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 304.475 952.765 948.216 201.944 295.99
EBIT584.25279.95171.0429.49-84.65
Net earnings414.74171.5395.070.86-85.01
Shareholders equity total1 752.671 811.201 791.871 674.941 589.92
Balance sheet total (assets)5 042.124 742.194 554.294 084.033 494.90
Net debt1 212.631 011.791 102.301 199.621 043.75
Profitability
EBIT-%
ROA11.8 %5.7 %3.7 %1.0 %-1.9 %
ROE25.9 %9.6 %5.3 %0.0 %-5.2 %
ROI15.6 %7.3 %4.6 %1.2 %-2.2 %
Economic value added (EVA)273.0823.71-57.45- 156.73- 231.83
Solvency
Equity ratio34.8 %38.2 %39.3 %41.0 %45.5 %
Gearing120.0 %108.5 %106.8 %95.8 %97.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.00.91.7
Current ratio1.51.71.81.92.6
Cash and cash equivalents891.38952.81811.79404.86512.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.85%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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