Kræfting Handel ApS — Credit Rating and Financial Key Figures

CVR number: 37473510
Vestbyen 13, 9640 Farsø

Credit rating

Company information

Official name
Kræfting Handel ApS
Personnel
23 persons
Established
2016
Company form
Private limited company
Industry

About Kræfting Handel ApS

Kræfting Handel ApS (CVR number: 37473510) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 9242.1 kDKK in 2023. The operating profit was 127.5 kDKK, while net earnings were -181.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kræfting Handel 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 290.243 205.715 690.447 209.529 242.12
EBIT190.61336.78570.51517.06127.48
Net earnings125.01228.86441.55316.76- 181.30
Shareholders equity total275.60575.181 016.731 255.221 073.92
Balance sheet total (assets)1 423.082 902.055 159.987 549.0712 661.99
Net debt28.50- 445.39316.481 442.062 387.26
Profitability
EBIT-%
ROA20.0 %15.6 %16.1 %8.9 %1.8 %
ROE49.9 %53.8 %55.5 %27.9 %-15.6 %
ROI34.4 %28.4 %26.6 %13.3 %2.5 %
Economic value added (EVA)135.41248.66439.39356.2839.15
Solvency
Equity ratio19.4 %19.8 %19.7 %16.6 %8.5 %
Gearing46.4 %54.1 %75.5 %120.5 %222.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.00.80.6
Current ratio1.21.11.00.80.7
Cash and cash equivalents99.45756.84450.9770.171.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:1.83%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.48%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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