KRUSE FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 70506319
Mosedybet 5, 2880 Bagsværd
Ibkruse8@gmail.com
tel: 22143105

Credit rating

Company information

Official name
KRUSE FINANS ApS
Personnel
3 persons
Established
1982
Company form
Private limited company
Industry

About KRUSE FINANS ApS

KRUSE FINANS ApS (CVR number: 70506319) is a company from GLADSAXE. The company recorded a gross profit of -221.1 kDKK in 2023. The operating profit was -1297.3 kDKK, while net earnings were 238 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. KRUSE FINANS ApS's liquidity measured by quick ratio was 6.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 808.76-43.58- 121.46-56.71- 221.11
EBIT2 722.05-43.58- 121.46-94.26-1 297.28
Net earnings2 683.871 561.54- 193.70592.81238.03
Shareholders equity total6 100.417 551.356 357.646 836.056 956.28
Balance sheet total (assets)9 493.6410 527.698 884.099 251.9810 025.41
Net debt-2 720.22-3 658.53-1 891.22-1 888.05-2 704.64
Profitability
EBIT-%
ROA40.1 %20.2 %-1.8 %8.3 %4.3 %
ROE50.5 %22.9 %-2.8 %9.0 %3.5 %
ROI42.8 %21.8 %-1.8 %8.3 %4.4 %
Economic value added (EVA)1 864.13- 203.83- 217.32- 203.21-1 108.06
Solvency
Equity ratio64.3 %71.7 %71.6 %73.9 %69.4 %
Gearing29.1 %24.8 %29.6 %25.9 %25.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.59.631.2267.86.8
Current ratio4.59.631.2267.86.8
Cash and cash equivalents4 493.645 527.693 774.133 661.054 477.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:4.27%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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