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Kringlevrider Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kringlevrider Holding ApS
Kringlevrider Holding ApS (CVR number: 39919834) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -28.9 kDKK in 2025. The operating profit was -28.9 kDKK, while net earnings were 449.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.7 %, which can be considered excellent and Return on Equity (ROE) was 180.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30 %, 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. Kringlevrider Holding ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -3.78 | -16.14 | -4.92 | -7.11 | -28.95 |
| EBIT | -3.78 | -16.14 | -4.92 | -7.11 | -28.95 |
| Net earnings | -29.64 | -38.29 | -56.78 | 215.55 | 449.57 |
| Shareholders equity total | -56.29 | -66.58 | - 123.36 | 92.19 | 406.76 |
| Balance sheet total (assets) | 1 239.48 | 1 253.14 | 1 249.55 | 1 385.04 | 1 356.11 |
| Net debt | 1 292.66 | 1 309.45 | -1.86 | - 143.94 | - 110.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.3 % | -1.2 % | -0.4 % | 17.6 % | 34.7 % |
| ROE | -2.4 % | -3.1 % | -4.5 % | 32.1 % | 180.2 % |
| ROI | -0.3 % | -1.2 % | -0.4 % | 17.7 % | 35.3 % |
| Economic value added (EVA) | -65.94 | -75.67 | -67.69 | -0.91 | -33.59 |
| Solvency | |||||
| Equity ratio | -4.3 % | -5.0 % | -9.0 % | 6.7 % | 30.0 % |
| Gearing | -2297.4 % | -1976.8 % | 0.3 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 4.1 | 1.9 | 22.7 | 2.9 |
| Current ratio | 0.1 | 4.1 | 1.9 | 22.7 | 2.9 |
| Cash and cash equivalents | 0.62 | 6.81 | 1.86 | 144.25 | 110.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | A | A |
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