CR ELECTRIC A/S — Credit Rating and Financial Key Figures

CVR number: 37131415
Håndværkervej 8 A, 4000 Roskilde
cr@crelectric.dk
tel: 46753050
https://www.crelectric.dk/

Company information

Official name
CR ELECTRIC A/S
Personnel
82 persons
Established
1971
Company form
Limited company
Industry

About CR ELECTRIC A/S

CR ELECTRIC A/S (CVR number: 37131415) is a company from ROSKILDE. The company recorded a gross profit of 44.7 mDKK in 2023. The operating profit was 2857.1 kDKK, while net earnings were 2384.9 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 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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. CR ELECTRIC A/S's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit43 393.6349 716.7548 647.3250 955.2244 677.64
EBIT3 126.808 555.873 869.914 245.902 857.15
Net earnings2 208.616 491.223 090.823 238.682 384.93
Shareholders equity total8 963.4011 454.6210 545.4413 784.1113 369.05
Balance sheet total (assets)39 558.0242 367.7841 137.6642 140.4435 474.10
Net debt2 295.05-4 844.947 822.581 051.134 761.09
Profitability
EBIT-%
ROA8.8 %20.9 %9.6 %10.4 %8.4 %
ROE25.8 %63.6 %28.1 %26.6 %17.6 %
ROI18.8 %39.0 %16.7 %17.5 %14.1 %
Economic value added (EVA)1 919.666 283.053 042.533 011.351 743.31
Solvency
Equity ratio22.7 %27.0 %25.6 %32.7 %37.7 %
Gearing51.2 %34.5 %74.2 %37.2 %35.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.31.61.5
Current ratio1.31.41.41.61.6
Cash and cash equivalents2 295.378 793.494 080.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:8.40%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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