Credit rating
Company information
About KRØLL CRANES A/S
KRØLL CRANES A/S (CVR number: 78944714) is a company from ALLERØD. The company reported a net sales of 203.4 mDKK in 2023, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 11.3 mDKK), while net earnings were 10.9 mDKK. 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 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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. KRØLL CRANES A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 200.04 | 192.51 | 139.99 | 184.16 | 203.39 |
Gross profit | 38.06 | 18.16 | 18.54 | 17.16 | 23.46 |
EBIT | 25.27 | 8.08 | 9.08 | 8.26 | 11.26 |
Net earnings | 13.53 | 11.16 | -0.28 | 0.77 | 10.86 |
Shareholders equity total | 124.16 | 130.32 | 130.04 | 132.17 | 143.04 |
Balance sheet total (assets) | 378.75 | 391.23 | 396.80 | 407.71 | 444.13 |
Net debt | 140.00 | 49.79 | |||
Profitability | |||||
EBIT-% | 12.6 % | 4.2 % | 6.5 % | 4.5 % | 5.5 % |
ROA | 7.8 % | 2.1 % | 2.3 % | 2.1 % | 4.8 % |
ROE | 11.1 % | 8.8 % | -0.2 % | 0.6 % | 7.9 % |
ROI | 8.3 % | 2.1 % | 2.3 % | 1.8 % | 5.1 % |
Economic value added (EVA) | 19.33 | 1.84 | 2.53 | -0.77 | 2.73 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 65.3 % | 32.2 % |
Gearing | 118.2 % | 69.0 % | |||
Relative net indebtedness % | 21.3 % | 114.8 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 0.5 | |||
Current ratio | 2.6 | 0.6 | |||
Cash and cash equivalents | 16.17 | 48.86 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.6 | 55.2 | |||
Net working capital % | 32.1 % | -53.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | A | AA |
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