Kring360 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kring360 ApS
Kring360 ApS (CVR number: 42462691) is a company from NÆSTVED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 131.3 kDKK, while net earnings were 102.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54 %, which can be considered excellent and Return on Equity (ROE) was 69.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Kring360 ApS's liquidity measured by quick ratio was 2.4 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -0.97 | 111.40 | |
EBIT | -0.97 | 111.40 | 131.28 |
Net earnings | -0.97 | 86.44 | 102.83 |
Shareholders equity total | 39.02 | 125.47 | 169.39 |
Balance sheet total (assets) | 40.84 | 200.37 | 287.49 |
Net debt | -40.84 | - 163.82 | - 111.97 |
Profitability | |||
EBIT-% | |||
ROA | -2.4 % | 92.4 % | 54.0 % |
ROE | -2.5 % | 105.1 % | 69.7 % |
ROI | -2.5 % | 128.9 % | 73.9 % |
Economic value added (EVA) | -0.97 | 86.76 | 107.04 |
Solvency | |||
Equity ratio | 95.6 % | 62.6 % | 58.9 % |
Gearing | 6.7 % | 31.6 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 22.5 | 2.7 | 2.4 |
Current ratio | 22.5 | 2.7 | 2.4 |
Cash and cash equivalents | 40.84 | 172.20 | 165.45 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BB | BB |
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