Knorr-Bremse Rail Systems Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 41777583
Otto Busses Vej 27, 2450 København SV

Company information

Official name
Knorr-Bremse Rail Systems Denmark ApS
Personnel
451 persons
Established
2020
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales641 549.00682 303.00
Gross profit-10.0080 173.00188 223.00
EBIT-10.00- 120 091.00-37 578.00
Net earnings-8.00-93 732.00-34 105.00
Shareholders equity total32.00231 211.00197 106.00
Balance sheet total (assets)42.00444 122.00526 906.00
Net debt-40.0073 596.00196 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 ratio76.2 %52.1 %37.4 %
Gearing50.7 %112.2 %
Relative net indebtedness %26.4 %44.4 %
Liquidity
Quick ratio4.20.90.6
Current ratio4.21.81.4
Cash and cash equivalents40.0043 561.0024 598.00
Capital use efficiency
Trade debtors turnover (days)43.669.3
Net working capital %27.2 %19.2 %
Credit risk
Credit ratingBBBBBA

Variable visualization

ROA:-7.73%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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