KRONE FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRONE FINANS A/S
KRONE FINANS A/S (CVR number: 20601248) is a company from AABENRAA. The company reported a net sales of 16.1 mDKK in 2025, demonstrating a decline of -85.7 % compared to the previous year. The operating profit percentage was at 168.9 % (EBIT: 27.3 mDKK), while net earnings were 22 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRONE FINANS A/S's liquidity measured by quick ratio was 44 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 37 430.00 | 38 487.00 | 74 692.00 | 113 018.00 | 16 139.00 |
| Gross profit | 35 747.00 | 36 950.00 | 73 284.00 | 111 492.00 | 27 264.00 |
| EBIT | 35 747.00 | 36 950.00 | 73 284.00 | 111 492.00 | 27 264.00 |
| Net earnings | 14 577.00 | 15 828.00 | 26 379.00 | 24 184.00 | 22 022.00 |
| Shareholders equity total | 306 029.00 | 321 857.00 | 348 237.00 | 372 420.00 | 394 442.00 |
| Balance sheet total (assets) | 1 467 954.00 | 1 562 523.00 | 2 221 626.00 | 2 218 372.00 | 403 621.00 |
| Net debt | 308 454.00 | 343 282.00 | 533 915.00 | 1 782 736.00 | - 172 770.00 |
| Profitability | |||||
| EBIT-% | 95.5 % | 96.0 % | 98.1 % | 98.6 % | 168.9 % |
| ROA | 2.5 % | 2.5 % | 3.9 % | 5.0 % | 2.2 % |
| ROE | 4.9 % | 5.0 % | 7.9 % | 6.7 % | 5.7 % |
| ROI | 2.5 % | 2.5 % | 4.0 % | 5.2 % | 2.2 % |
| Economic value added (EVA) | -40 808.65 | -44 601.00 | -18 759.51 | -21 417.09 | -87 032.33 |
| Solvency | |||||
| Equity ratio | 20.8 % | 20.6 % | 15.7 % | 16.8 % | 97.7 % |
| Gearing | 113.8 % | 106.7 % | 153.3 % | 478.7 % | |
| Relative net indebtedness % | 2998.1 % | 3223.5 % | 2508.0 % | 1633.3 % | -1013.6 % |
| Liquidity | |||||
| Quick ratio | 0.1 | 0.2 | 0.0 | 1.0 | 44.0 |
| Current ratio | 0.1 | 0.2 | 0.0 | 1.0 | 44.0 |
| Cash and cash equivalents | 39 733.00 | 40.00 | 83.00 | 38.00 | 172 770.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -842.3 % | -828.5 % | -801.6 % | 10.1 % | 2444.0 % |
| Credit risk | |||||
| Credit rating | AA | A | A | A | BB |
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