Knorr-Bremse Rail Systems Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Knorr-Bremse Rail Systems Denmark ApS
Knorr-Bremse Rail Systems Denmark ApS (CVR number: 41777583) is a company from KØBENHAVN. The company reported a net sales of 682.3 mDKK in 2023, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was poor at -5.5 % (EBIT: -37.6 mDKK), while net earnings were -34.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. Knorr-Bremse Rail Systems Denmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 641 549.00 | 682 303.00 | |
Gross profit | -10.00 | 80 173.00 | 188 223.00 |
EBIT | -10.00 | - 120 091.00 | -37 578.00 |
Net earnings | -8.00 | -93 732.00 | -34 105.00 |
Shareholders equity total | 32.00 | 231 211.00 | 197 106.00 |
Balance sheet total (assets) | 42.00 | 444 122.00 | 526 906.00 |
Net debt | -40.00 | 73 596.00 | 196 608.00 |
Profitability | |||
EBIT-% | -18.7 % | -5.5 % | |
ROA | -23.8 % | -53.8 % | -7.7 % |
ROE | -25.0 % | -81.1 % | -15.9 % |
ROI | -31.3 % | -68.6 % | -9.8 % |
Economic value added (EVA) | -8.00 | -93 670.76 | -38 743.17 |
Solvency | |||
Equity ratio | 76.2 % | 52.1 % | 37.4 % |
Gearing | 50.7 % | 112.2 % | |
Relative net indebtedness % | 26.4 % | 44.4 % | |
Liquidity | |||
Quick ratio | 4.2 | 0.9 | 0.6 |
Current ratio | 4.2 | 1.8 | 1.4 |
Cash and cash equivalents | 40.00 | 43 561.00 | 24 598.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | 43.6 | 69.3 | |
Net working capital % | 27.2 % | 19.2 % | |
Credit risk | |||
Credit rating | BB | BBB | A |
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