CRONE RETAIL ApS — Credit Rating and Financial Key Figures

CRONE RETAIL ApS (CVR number: 35827064) is a company from NÆSTVED. The company recorded a gross profit of -6.3 kDKK in 2019. The operating profit was -6.3 kDKK, while net earnings were 16.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 45.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CRONE RETAIL ApS's liquidity measured by quick ratio was 1.8 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.