Kronborg & Mølgaard ApS — Credit Rating and Financial Key Figures

CVR number: 10121760
Søndertoften 72, 2630 Taastrup

Company information

Official name
Kronborg & Mølgaard ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About Kronborg & Mølgaard ApS

Kronborg & Mølgaard ApS (CVR number: 10121760) is a company from Høje-Taastrup. The company recorded a gross profit of 45.1 kDKK in 2023. The operating profit was 15.3 kDKK, while net earnings were 12.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kronborg & Mølgaard ApS's liquidity measured by quick ratio was 10.7 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 profit587.11642.45574.46564.0945.14
EBIT24.3736.7936.2667.9315.31
Net earnings17.1926.1124.8750.4312.05
Shareholders equity total225.21251.31276.19326.62188.67
Balance sheet total (assets)487.36636.42521.67439.94208.05
Net debt- 314.44- 453.49- 366.50- 284.36- 199.53
Profitability
EBIT-%
ROA4.9 %6.5 %5.6 %13.5 %4.8 %
ROE7.9 %11.0 %9.4 %16.7 %4.7 %
ROI9.7 %15.4 %12.4 %21.6 %5.9 %
Economic value added (EVA)25.8632.4137.8557.449.78
Solvency
Equity ratio46.2 %39.5 %52.9 %74.2 %90.7 %
Gearing3.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.72.13.910.7
Current ratio1.91.72.13.910.7
Cash and cash equivalents314.44453.49366.50284.36206.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.79%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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