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KRONOW AUTO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRONOW AUTO ApS
KRONOW AUTO ApS (CVR number: 32833942) is a company from KØBENHAVN. The company recorded a gross profit of 1770.5 kDKK in 2024. The operating profit was 11.6 kDKK, while net earnings were 9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.8 %, 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 3.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 953.41 | 1 672.68 | 1 926.36 | 1 902.65 | 1 770.49 |
| EBIT | 344.20 | 9.42 | 122.55 | 206.41 | 11.58 |
| Net earnings | 262.65 | 0.42 | 94.47 | 161.00 | 9.01 |
| Shareholders equity total | 1 064.55 | 1 064.98 | 1 102.45 | 1 204.55 | 1 146.06 |
| Balance sheet total (assets) | 1 748.36 | 1 447.42 | 1 629.58 | 1 850.24 | 1 532.92 |
| Net debt | -1 110.14 | - 976.91 | -1 226.21 | -1 608.47 | -1 361.12 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.9 % | 0.6 % | 8.0 % | 11.9 % | 0.7 % |
| ROE | 28.1 % | 0.0 % | 8.7 % | 14.0 % | 0.8 % |
| ROI | 36.9 % | 0.9 % | 11.3 % | 17.9 % | 1.0 % |
| Economic value added (EVA) | 226.55 | -44.08 | 42.08 | 105.60 | -51.49 |
| Solvency | |||||
| Equity ratio | 60.9 % | 73.6 % | 67.7 % | 65.1 % | 74.8 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 2.7 | 2.5 | 2.6 | 3.7 |
| Current ratio | 1.8 | 2.7 | 2.6 | 2.7 | 3.7 |
| Cash and cash equivalents | 1 110.14 | 976.91 | 1 226.21 | 1 608.47 | 1 361.12 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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