CRÆS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CRÆS ApS
CRÆS ApS (CVR number: 28148623) is a company from AARHUS. The company recorded a gross profit of -112.6 kDKK in 2023. The operating profit was -140.4 kDKK, while net earnings were 2565.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. CRÆS ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -93.13 | -40.89 | -10.08 | -10.24 | - 112.55 |
EBIT | - 116.64 | -80.76 | -47.20 | -61.09 | - 140.43 |
Net earnings | 689.76 | 1 065.55 | 1 789.13 | 1 987.38 | 2 565.16 |
Shareholders equity total | 3 513.93 | 4 634.78 | 6 367.40 | 8 297.59 | 10 803.85 |
Balance sheet total (assets) | 6 485.33 | 6 833.73 | 8 572.79 | 11 523.94 | 14 085.54 |
Net debt | 1 086.35 | 211.24 | - 104.21 | - 987.40 | -2 515.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.5 % | 17.5 % | 24.3 % | 22.1 % | 22.5 % |
ROE | 21.6 % | 26.2 % | 32.5 % | 27.1 % | 26.9 % |
ROI | 19.4 % | 24.6 % | 33.3 % | 27.6 % | 25.5 % |
Economic value added (EVA) | 77.97 | 107.43 | 115.20 | 167.07 | 166.75 |
Solvency | |||||
Equity ratio | 54.2 % | 67.8 % | 74.3 % | 72.0 % | 76.7 % |
Gearing | 31.0 % | 4.9 % | 17.4 % | 18.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.8 | 1.3 | 1.9 |
Current ratio | 0.5 | 0.7 | 0.8 | 1.3 | 1.9 |
Cash and cash equivalents | 2.08 | 17.42 | 104.21 | 2 428.76 | 4 485.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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