ARNE KRINGELUM ApS — Credit Rating and Financial Key Figures

CVR number: 10739632
Plutovænget 8, 7000 Fredericia
wkringelum@profibermail.dk
tel: 40326190

Company information

Official name
ARNE KRINGELUM ApS
Established
1987
Company form
Private limited company
Industry

About ARNE KRINGELUM ApS

ARNE KRINGELUM ApS (CVR number: 10739632) is a company from FREDERICIA. The company recorded a gross profit of -22.2 kDKK in 2022. The operating profit was -22.6 kDKK, while net earnings were -58.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -15.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. ARNE KRINGELUM ApS's liquidity measured by quick ratio was 2.8 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-18.95-18.20-17.76-33.20-22.15
EBIT-18.95-18.20-17.76-33.64-22.58
Net earnings-53.6654.03-18.6216.04-58.94
Shareholders equity total751.81697.84568.61471.65298.31
Balance sheet total (assets)756.81702.84573.61559.14464.31
Net debt- 264.35- 211.20- 105.90- 470.38- 290.67
Profitability
EBIT-%
ROA14.2 %7.7 %0.6 %3.0 %2.4 %
ROE-6.5 %7.5 %-2.9 %3.1 %-15.3 %
ROI14.3 %7.8 %0.7 %3.0 %2.4 %
Economic value added (EVA)-50.73-42.64-42.63-56.90-18.50
Solvency
Equity ratio99.3 %99.3 %99.1 %84.4 %64.2 %
Gearing17.5 %55.6 %
Relative net indebtedness %
Liquidity
Quick ratio63.043.822.16.42.8
Current ratio63.043.822.16.42.8
Cash and cash equivalents264.35211.20105.90552.87456.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:2.37%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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