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KROGSGAARD VINDKRAFT ApS — Credit Rating and Financial Key Figures

CVR number: 32058191
Helligsøvej 66, 7760 Hurup Thy
dorthe@nv-online.dk
tel: 97956162
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Credit rating

Company information

Official name
KROGSGAARD VINDKRAFT ApS
Established
2009
Company form
Private limited company
Industry

About KROGSGAARD VINDKRAFT ApS

KROGSGAARD VINDKRAFT ApS (CVR number: 32058191) is a company from THISTED. The company recorded a gross profit of 1870.8 kDKK in 2024. The operating profit was 758.2 kDKK, while net earnings were 435.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.3 %, 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. KROGSGAARD VINDKRAFT ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit689.521 905.716 441.454 731.051 870.78
EBIT- 423.07793.135 328.873 618.47758.20
Net earnings- 389.41572.414 046.482 722.14435.19
Shareholders equity total68.66641.064 177.552 999.69734.88
Balance sheet total (assets)10 284.559 382.248 290.927 555.215 972.10
Net debt1 518.753 280.68895.73- 586.88- 154.51
Profitability
EBIT-%
ROA-3.9 %8.1 %60.3 %45.7 %11.3 %
ROE-147.9 %161.3 %168.0 %75.9 %23.3 %
ROI-3.9 %8.1 %70.3 %76.9 %31.6 %
Economic value added (EVA)- 505.60513.883 925.412 530.59399.05
Solvency
Equity ratio0.7 %6.8 %50.4 %39.7 %12.3 %
Gearing2214.8 %515.0 %22.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.20.1
Current ratio0.10.10.20.20.1
Cash and cash equivalents1.8320.7235.71586.88154.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.3%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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