Cronus Bidco ApS — Credit Rating and Financial Key Figures

CVR number: 41867876
Kristine Nielsens Gade 5, 8000 Aarhus C

Company information

Official name
Cronus Bidco ApS
Established
2020
Company form
Private limited company
Industry

About Cronus Bidco ApS

Cronus Bidco ApS (CVR number: 41867876) is a company from AARHUS. The company recorded a gross profit of -176.9 kDKK in 2023. The operating profit was -176.9 kDKK, while net earnings were -513.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cronus Bidco ApS's liquidity measured by quick ratio was 4.1 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
2021
2022
2023
Volume
Net sales
Gross profit-2 001.44-1 193.96- 176.89
EBIT-2 001.44-1 193.96- 176.89
Net earnings52 747.66- 236 554.16- 513 145.00
Shareholders equity total2 513 187.802 276 506.822 487 271.11
Balance sheet total (assets)3 213 425.592 963 277.872 762 385.26
Net debt- 277.7445 883.3614 878.21
Profitability
EBIT-%
ROA2.6 %-6.2 %-14.4 %
ROE2.1 %-9.9 %-21.5 %
ROI2.7 %-6.3 %-14.5 %
Economic value added (EVA)-1 561.12152 510.91155 697.61
Solvency
Equity ratio78.2 %76.8 %90.0 %
Gearing2.1 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.34.1
Current ratio0.90.34.1
Cash and cash equivalents277.742 595.872 538.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:-14.4%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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