Kraka Economics ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 7 504.00 | 19 976.00 | 24 127.00 | 22 819.00 |
Gross profit | 6 695.00 | 18 013.00 | 20 466.00 | 19 580.00 |
EBIT | - 408.00 | 4 454.00 | 2 981.00 | 2 394.00 |
Net earnings | - 338.00 | 3 444.00 | 2 260.00 | 2 006.00 |
Shareholders equity total | - 283.00 | 3 161.00 | 5 421.00 | 5 927.00 |
Balance sheet total (assets) | 8 704.00 | 13 157.00 | 8 765.00 | 10 259.00 |
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) | - 319.96 | 3 873.11 | 2 638.12 | 1 960.90 |
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 ratio | 1.3 | 2.6 | 2.5 | 2.6 |
Current ratio | 1.3 | 1.3 | 2.5 | 2.3 |
Cash and cash equivalents | 7 745.00 | 9 809.00 | 7 573.00 | 7 133.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 27.0 | 42.9 | 14.2 | 45.4 |
Net working capital % | 25.2 % | 15.8 % | 21.5 % | 24.8 % |
Credit risk | ||||
Credit rating | BB | BBB | A | A |
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