KRADS ApS — Credit Rating and Financial Key Figures

CVR number: 42835560
Sturlasgade 14 B, 2300 København S
krads@krads.is
tel: 60795676
Free credit report Annual report

Company information

Official name
KRADS ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About KRADS ApS

KRADS ApS (CVR number: 42835560) is a company from KØBENHAVN. The company recorded a gross profit of 671.9 kDKK in 2024. The operating profit was 30.4 kDKK, while net earnings were 23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 48.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit477.74532.81671.88
EBIT-4.761.8730.36
Net earnings-5.151.7423.36
Shareholders equity total34.8536.5859.94
Balance sheet total (assets)67.79106.08250.29
Net debt-17.46-26.57-66.83
Profitability
EBIT-%
ROA-7.0 %2.2 %17.0 %
ROE-14.8 %4.9 %48.4 %
ROI-12.5 %5.0 %34.6 %
Economic value added (EVA)-4.76-0.0421.62
Solvency
Equity ratio51.4 %34.5 %23.9 %
Gearing9.0 %131.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.51.3
Current ratio2.11.51.3
Cash and cash equivalents20.5826.57145.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.9%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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