KRONOW AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 32833942
Gunnar Nu Hansens Plads 4, 2100 København Ø

Company information

Official name
KRONOW AUTO ApS
Personnel
5 persons
Established
2010
Company form
Private limited company
Industry

About KRONOW AUTO ApS

KRONOW AUTO ApS (CVR number: 32833942) is a company from KØBENHAVN. The company recorded a gross profit of 1902.6 kDKK in 2023. The operating profit was 206.4 kDKK, while net earnings were 161 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. KRONOW AUTO ApS's liquidity measured by quick ratio was 2.6 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 sales3 292.55
Gross profit1 524.411 953.411 672.681 926.361 902.65
EBIT106.56344.209.42122.55206.41
Net earnings82.31262.650.4294.47161.00
Shareholders equity total801.901 064.551 064.981 102.451 204.55
Balance sheet total (assets)1 710.061 748.361 447.421 629.581 850.24
Net debt- 881.66-1 110.14- 976.91-1 226.21-1 608.47
Profitability
EBIT-%3.2 %
ROA5.8 %19.9 %0.6 %8.0 %11.9 %
ROE10.8 %28.1 %0.0 %8.7 %14.0 %
ROI14.0 %36.9 %0.9 %11.3 %17.9 %
Economic value added (EVA)112.80303.0047.98140.64216.71
Solvency
Equity ratio46.9 %60.9 %73.6 %67.7 %65.1 %
Gearing
Relative net indebtedness %0.8 %
Liquidity
Quick ratio1.01.82.72.52.6
Current ratio1.11.82.72.62.7
Cash and cash equivalents881.661 110.14976.911 226.211 608.47
Capital use efficiency
Trade debtors turnover (days)6.9
Net working capital %1.4 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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