KRINGELGÅRDEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRINGELGÅRDEN ApS
KRINGELGÅRDEN ApS (CVR number: 33049951) is a company from SYDDJURS. The company recorded a gross profit of 661.8 kDKK in 2023. The operating profit was -83.1 kDKK, while net earnings were -65.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KRINGELGÅRDEN ApS's liquidity measured by quick ratio was 3.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 163.32 | 439.37 | 644.52 | 1 234.71 | 661.81 |
EBIT | 674.47 | -12.42 | 203.16 | 569.63 | -83.11 |
Net earnings | 525.76 | -9.99 | 154.47 | 445.00 | -65.31 |
Shareholders equity total | 690.54 | 680.55 | 835.03 | 1 280.03 | 1 214.71 |
Balance sheet total (assets) | 892.85 | 748.30 | 1 040.56 | 1 582.05 | 1 646.77 |
Net debt | - 797.60 | - 649.22 | - 861.75 | -1 358.48 | -1 384.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 106.5 % | -1.1 % | 23.1 % | 43.7 % | -4.8 % |
ROE | 122.9 % | -1.5 % | 20.4 % | 42.1 % | -5.2 % |
ROI | 158.5 % | -1.3 % | 27.3 % | 54.2 % | -6.2 % |
Economic value added (EVA) | 531.24 | -3.58 | 156.06 | 445.62 | -61.46 |
Solvency | |||||
Equity ratio | 77.3 % | 90.9 % | 80.2 % | 80.9 % | 73.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 11.0 | 4.7 | 4.9 | 3.5 |
Current ratio | 4.4 | 11.0 | 4.7 | 4.9 | 3.6 |
Cash and cash equivalents | 797.60 | 649.22 | 861.75 | 1 358.48 | 1 384.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | A | BBB |
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