KRIFA HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 29008671
Klokhøjen 4, 8200 Aarhus N

Credit rating

Company information

Official name
KRIFA HOLDING A/S
Personnel
2 persons
Established
2005
Company form
Limited company
Industry

About KRIFA HOLDING A/S

KRIFA HOLDING A/S (CVR number: 29008671) is a company from AARHUS. The company recorded a gross profit of -642.6 kDKK in 2024. The operating profit was -642.6 kDKK, while net earnings were -2117.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRIFA HOLDING A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit- 367.23- 377.48- 486.32-2 019.52- 642.62
EBIT- 367.23- 377.48- 486.32-2 019.52- 642.62
Net earnings-2 708.8532 961.046 327.0410 601.38-2 117.09
Shareholders equity total99 737.89141 789.16140 251.47113 167.7393 123.69
Balance sheet total (assets)233 946.39289 482.08279 957.52222 895.88238 930.11
Net debt130 526.46145 124.05139 305.82109 480.95143 848.48
Profitability
EBIT-%
ROA1.7 %15.1 %7.8 %6.0 %3.1 %
ROE-2.6 %27.3 %4.5 %8.4 %-2.1 %
ROI1.7 %15.2 %7.8 %6.0 %1.3 %
Economic value added (EVA)3 173.822 539.703 031.023 339.423 297.12
Solvency
Equity ratio85.4 %83.5 %85.8 %95.6 %80.8 %
Gearing131.2 %102.5 %99.5 %96.8 %154.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.40.40.1
Current ratio0.40.50.40.40.1
Cash and cash equivalents293.09213.82295.2451.2068.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:3.13%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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