KRONVOLD SKO APS — Credit Rating and Financial Key Figures

KRONVOLD SKO APS (CVR number: 29689660) is a company from FAVRSKOV. The company recorded a gross profit of 77.7 kDKK in 2016. The operating profit was 77.7 kDKK, while net earnings were 59.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. KRONVOLD SKO APS's liquidity measured by quick ratio was 4.7 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.