KROMIX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KROMIX A/S
KROMIX A/S (CVR number: 34610002) is a company from VEJLE. The company recorded a gross profit of 1192.7 kDKK in 2023. The operating profit was -43.8 kDKK, while net earnings were -34.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. KROMIX A/S's liquidity measured by quick ratio was 1.7 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 | 1 294.88 | 1 161.35 | 1 342.56 | 1 398.44 | 1 192.66 |
EBIT | 101.64 | -87.31 | 118.86 | 204.48 | -43.75 |
Net earnings | 79.20 | -75.51 | 84.86 | 155.18 | -34.06 |
Shareholders equity total | 3 520.34 | 3 369.83 | 2 854.69 | 2 509.86 | 2 325.80 |
Balance sheet total (assets) | 4 498.57 | 3 928.96 | 3 509.83 | 3 538.63 | 3 269.53 |
Net debt | - 808.85 | -1 191.23 | -1 019.72 | - 795.22 | - 478.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | -2.1 % | 3.2 % | 5.8 % | -1.3 % |
ROE | 2.2 % | -2.2 % | 2.7 % | 5.8 % | -1.4 % |
ROI | 2.7 % | -2.5 % | 3.8 % | 7.6 % | -1.8 % |
Economic value added (EVA) | -58.68 | - 206.77 | -18.64 | 67.25 | - 120.62 |
Solvency | |||||
Equity ratio | 78.3 % | 85.8 % | 81.3 % | 70.9 % | 71.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 3.6 | 3.2 | 1.8 | 1.7 |
Current ratio | 3.3 | 5.1 | 4.0 | 2.5 | 2.5 |
Cash and cash equivalents | 808.85 | 1 191.23 | 1 019.72 | 795.22 | 478.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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