CROWN-FOODS A/S — Credit Rating and Financial Key Figures

CVR number: 76952019
Slipvej 4, 8000 Aarhus C
soren.ask.nielsen@aak.com
tel: 59275060
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Company information

Official name
CROWN-FOODS A/S
Established
1985
Company form
Limited company
Industry

About CROWN-FOODS A/S

CROWN-FOODS A/S (CVR number: 76952019) is a company from AARHUS. The company recorded a gross profit of 5127.9 kDKK in 2021. The operating profit was 5127.9 kDKK, while net earnings were 4131.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.5 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. CROWN-FOODS A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit- 532.42- 113.26- 884.19-71.325 127.90
EBIT- 532.42- 113.26- 884.19-71.325 127.90
Net earnings- 112.28391.76- 637.31-1 952.214 131.24
Shareholders equity total-1 411.89-1 020.13-1 657.44-3 609.64521.59
Balance sheet total (assets)21 787.1326 427.0833 895.4332 935.541 754.72
Net debt2 935.915 444.615 321.606 962.61
Profitability
EBIT-%
ROA0.7 %3.1 %-0.3 %-0.2 %30.5 %
ROE-0.5 %1.6 %-2.1 %-5.8 %24.7 %
ROI0.7 %3.3 %-0.3 %-0.2 %31.6 %
Economic value added (EVA)700.59910.49442.041 469.185 658.09
Solvency
Equity ratio-6.1 %-3.7 %-4.7 %-9.9 %29.7 %
Gearing-1516.3 %-2635.1 %-2071.2 %-1011.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.80.90.80.0
Current ratio0.90.80.90.80.0
Cash and cash equivalents18 472.9821 436.6329 007.4929 562.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:30.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.7%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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