Kraka Economics ApS — Credit Rating and Financial Key Figures

CVR number: 41017902
Rigensgade 11, 1316 København K

Company information

Official name
Kraka Economics ApS
Personnel
22 persons
Established
2019
Company form
Private limited company
Industry

About Kraka Economics ApS

Kraka Economics ApS (CVR number: 41017902) is a company from KØBENHAVN. The company reported a net sales of 22.8 mDKK in 2023, demonstrating a decline of -5.4 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 2.4 mDKK), while net earnings were 2006 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 35.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. Kraka Economics ApS's liquidity measured by quick ratio was 2.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales7 504.0019 976.0024 127.0022 819.00
Gross profit6 695.0018 013.0020 466.0019 580.00
EBIT- 408.004 454.002 981.002 394.00
Net earnings- 338.003 444.002 260.002 006.00
Shareholders equity total- 283.003 161.005 421.005 927.00
Balance sheet total (assets)8 704.0013 157.008 765.0010 259.00
Net debt-5 416.00-9 809.00-7 537.00-7 016.00
Profitability
EBIT-%-5.4 %22.3 %12.4 %10.5 %
ROA-4.5 %40.2 %27.4 %27.6 %
ROE-3.9 %58.1 %52.7 %35.4 %
ROI-16.1 %156.4 %69.6 %45.7 %
Economic value added (EVA)- 319.963 873.112 638.121 960.90
Solvency
Equity ratio-3.1 %38.8 %61.8 %60.7 %
Gearing-823.0 %0.7 %2.0 %
Relative net indebtedness %16.6 %0.9 %-17.5 %-12.3 %
Liquidity
Quick ratio1.32.62.52.6
Current ratio1.31.32.52.3
Cash and cash equivalents7 745.009 809.007 573.007 133.00
Capital use efficiency
Trade debtors turnover (days)27.042.914.245.4
Net working capital %25.2 %15.8 %21.5 %24.8 %
Credit risk
Credit ratingBBBBBAA

Variable visualization

ROA:27.6%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.7%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

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