KRADS ApS — Credit Rating and Financial Key Figures

CVR number: 42835560
Nørrebrogade 184, 2200 København N
krads@krads.is
tel: 60795676

Credit rating

Company information

Official name
KRADS ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About KRADS ApS

KRADS ApS (CVR number: 42835560) is a company from KØBENHAVN. The company recorded a gross profit of 532.8 kDKK in 2023. The operating profit was 1.9 kDKK, while net earnings were 1.7 kDKK. 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 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 34.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KRADS ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit477.74532.81
EBIT-4.761.87
Net earnings-5.151.74
Shareholders equity total34.8536.58
Balance sheet total (assets)67.79106.08
Net debt-17.46-26.57
Profitability
EBIT-%
ROA-7.0 %2.2 %
ROE-14.8 %4.9 %
ROI-12.5 %5.0 %
Economic value added (EVA)-4.761.15
Solvency
Equity ratio51.4 %34.5 %
Gearing9.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.5
Current ratio2.11.5
Cash and cash equivalents20.5826.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:2.15%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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