Kring360 ApS — Credit Rating and Financial Key Figures

CVR number: 42462691
Susåvej 1, 4700 Næstved

Company information

Official name
Kring360 ApS
Established
2021
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-0.97111.40
EBIT-0.97111.40131.28
Net earnings-0.9786.44102.83
Shareholders equity total39.02125.47169.39
Balance sheet total (assets)40.84200.37287.49
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)-0.9786.76107.04
Solvency
Equity ratio95.6 %62.6 %58.9 %
Gearing6.7 %31.6 %
Relative net indebtedness %
Liquidity
Quick ratio22.52.72.4
Current ratio22.52.72.4
Cash and cash equivalents40.84172.20165.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:54.0%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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