KRAGELUND EL A/S — Credit Rating and Financial Key Figures

CVR number: 19000370
Balle Bygade 49, 8600 Silkeborg
mail@kragelundel.dk
tel: 86867132
www.kragelundel.dk

Company information

Official name
KRAGELUND EL A/S
Personnel
8 persons
Established
1995
Company form
Limited company
Industry

About KRAGELUND EL A/S

KRAGELUND EL A/S (CVR number: 19000370) is a company from SILKEBORG. The company recorded a gross profit of 5462.2 kDKK in 2023. The operating profit was 872.4 kDKK, while net earnings were 610.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 59 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.4 %, 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. KRAGELUND EL A/S's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 937.984 657.554 936.395 884.675 462.24
EBIT1 684.121 473.401 326.52553.57872.45
Net earnings1 285.311 126.361 022.92422.41610.27
Shareholders equity total1 801.921 643.281 540.20940.611 128.89
Balance sheet total (assets)3 133.253 407.692 734.614 323.702 283.05
Net debt- 782.05-1 057.13- 473.091 650.81- 344.38
Profitability
EBIT-%
ROA46.5 %45.3 %43.6 %16.4 %26.8 %
ROE75.2 %65.4 %64.3 %34.1 %59.0 %
ROI72.9 %82.6 %81.0 %23.7 %38.8 %
Economic value added (EVA)1 301.741 103.461 005.04384.21665.28
Solvency
Equity ratio57.5 %48.2 %56.3 %21.8 %49.4 %
Gearing6.2 %7.9 %243.8 %18.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.71.61.11.6
Current ratio2.11.82.01.21.9
Cash and cash equivalents893.391 057.13594.10642.05548.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:26.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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