Krøsus Finans ApS — Credit Rating and Financial Key Figures

CVR number: 38223690
Produktionsvej 16, 2600 Glostrup

Company information

Official name
Krøsus Finans ApS
Established
2016
Company form
Private limited company
Industry

About Krøsus Finans ApS

Krøsus Finans ApS (CVR number: 38223690) is a company from GLOSTRUP. The company recorded a gross profit of 929.5 kDKK in 2023. The operating profit was -755.4 kDKK, while net earnings were -2320 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.6 %, which can be considered poor and Return on Equity (ROE) was -199.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Krøsus Finans ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 260.241 309.821 050.20802.18929.52
EBIT643.14633.95572.25601.31- 755.36
Net earnings762.241 127.30-1 166.86-1 178.56-2 319.99
Shareholders equity total3 542.944 670.253 503.382 324.824.83
Balance sheet total (assets)8 684.508 761.017 251.755 718.652 625.84
Net debt4 397.063 681.343 300.582 716.261 850.55
Profitability
EBIT-%
ROA12.2 %16.0 %-10.3 %-12.8 %-45.6 %
ROE21.5 %27.5 %-28.6 %-40.4 %-199.2 %
ROI13.3 %16.6 %-10.7 %-14.0 %-52.3 %
Economic value added (EVA)547.24516.84493.53437.06- 994.68
Solvency
Equity ratio40.8 %53.3 %48.3 %40.7 %0.2 %
Gearing128.8 %85.2 %94.2 %116.8 %45242.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.51.00.81.0
Current ratio0.50.51.00.81.0
Cash and cash equivalents167.11297.46336.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:-45.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.18%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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