Kring Nord ApS — Credit Rating and Financial Key Figures

CVR number: 41587237
Lindevej 14 A, 4720 Præstø
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Company information

Official name
Kring Nord ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Kring Nord ApS

Kring Nord ApS (CVR number: 41587237) is a company from VORDINGBORG. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a growth of 45.6 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 0.1 mDKK), while net earnings were 55.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 96.2 %, which can be considered excellent and Return on Equity (ROE) was 198.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. Kring Nord ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales737.75328.41357.18519.99
Gross profit418.49120.59126.92307.28
EBIT33.33-43.85-11.2761.28
Net earnings24.89-49.61-15.1255.34
Shareholders equity total64.8915.280.1655.50
Balance sheet total (assets)167.0644.6038.8188.62
Net debt- 167.06-44.60-38.81-37.29
Profitability
EBIT-%4.5 %-13.4 %-3.2 %11.8 %
ROA19.9 %-41.4 %-27.0 %96.2 %
ROE38.4 %-123.8 %-195.9 %198.9 %
ROI51.4 %-109.4 %-146.0 %220.2 %
Economic value added (EVA)25.70-38.72-8.5560.67
Solvency
Equity ratio38.8 %34.3 %0.4 %62.6 %
Gearing
Relative net indebtedness %-8.8 %-4.7 %-0.0 %-0.8 %
Liquidity
Quick ratio1.61.51.01.2
Current ratio1.61.51.01.2
Cash and cash equivalents167.0644.6038.8137.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %8.8 %4.7 %0.0 %1.3 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:96.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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