Credit rating
Company information
About Kran & Grab Service ApS
Kran & Grab Service ApS (CVR number: 39838575) is a company from GREVE. The company reported a net sales of 2.2 mDKK in 2023, demonstrating a decline of -11.6 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 0.2 mDKK), while net earnings were 109.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. Kran & Grab Service ApS's liquidity measured by quick ratio was 2.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 834.15 | 2 496.20 | 2 563.08 | 2 455.63 | 2 170.75 |
Gross profit | 853.71 | 863.00 | 831.84 | 778.96 | 762.94 |
EBIT | 356.15 | 183.43 | 311.15 | 175.49 | 152.25 |
Net earnings | 274.04 | 135.22 | 236.72 | 134.89 | 109.91 |
Shareholders equity total | 424.05 | 448.66 | 572.38 | 592.87 | 584.99 |
Balance sheet total (assets) | 636.74 | 765.96 | 927.39 | 937.75 | 949.32 |
Net debt | - 200.76 | - 457.34 | - 532.78 | - 594.93 | - 549.92 |
Profitability | |||||
EBIT-% | 19.4 % | 7.3 % | 12.1 % | 7.1 % | 7.0 % |
ROA | 55.9 % | 26.2 % | 36.8 % | 18.8 % | 16.1 % |
ROE | 64.6 % | 31.0 % | 46.4 % | 23.2 % | 18.7 % |
ROI | 84.0 % | 42.0 % | 61.0 % | 30.1 % | 25.7 % |
Economic value added (EVA) | 275.15 | 129.06 | 241.23 | 137.45 | 110.14 |
Solvency | |||||
Equity ratio | 66.6 % | 58.6 % | 61.7 % | 63.2 % | 61.6 % |
Gearing | |||||
Relative net indebtedness % | 0.7 % | -5.6 % | -6.9 % | -10.2 % | -8.9 % |
Liquidity | |||||
Quick ratio | 3.0 | 2.2 | 2.5 | 2.6 | 2.6 |
Current ratio | 3.0 | 2.2 | 2.5 | 2.6 | 2.6 |
Cash and cash equivalents | 200.76 | 457.34 | 532.78 | 594.93 | 549.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.8 | 36.9 | 37.9 | 42.4 | 56.0 |
Net working capital % | 23.1 % | 15.7 % | 20.7 % | 22.0 % | 25.9 % |
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
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