Brødrene Krogh ApS — Credit Rating and Financial Key Figures

CVR number: 41064439
Gl. Hadsundvej 15, 8900 Randers C

Credit rating

Company information

Official name
Brødrene Krogh ApS
Established
2019
Company form
Private limited company
Industry

About Brødrene Krogh ApS

Brødrene Krogh ApS (CVR number: 41064439) is a company from RANDERS. The company recorded a gross profit of 402.3 kDKK in 2024. The operating profit was 384.2 kDKK, while net earnings were 175.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 67.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.9 %, 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. Brødrene Krogh ApS's liquidity measured by quick ratio was 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit295.75381.45385.00435.00402.26
EBIT277.65363.35367.00417.00384.16
Net earnings78.50191.83266.00250.00175.51
Shareholders equity total118.50240.33316.00306.00217.38
Balance sheet total (assets)5 250.505 245.824 794.004 765.005 606.01
Net debt3 994.943 906.432 745.002 687.003 846.11
Profitability
EBIT-%
ROA5.3 %6.9 %8.9 %8.7 %7.6 %
ROE66.2 %106.9 %95.6 %80.4 %67.1 %
ROI5.7 %7.5 %10.7 %12.5 %10.5 %
Economic value added (EVA)203.2234.2935.43149.84124.84
Solvency
Equity ratio2.4 %4.8 %6.6 %6.4 %3.9 %
Gearing3986.3 %1939.7 %967.7 %979.4 %1860.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.64.60.80.70.8
Current ratio1.51.70.80.70.8
Cash and cash equivalents728.86755.37313.00310.00199.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.65%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.88%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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