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CRAG Invest A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CRAG Invest A/S
CRAG Invest A/S (CVR number: 20084588) is a company from HJØRRING. The company recorded a gross profit of -175.8 kDKK in 2024. The operating profit was -357.5 kDKK, while net earnings were 1941.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CRAG Invest A/S's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -76.62 | - 151.99 | - 241.15 | 298.71 | - 175.76 |
| EBIT | - 159.81 | - 532.05 | - 322.85 | 217.01 | - 357.46 |
| Net earnings | - 475.21 | 10 837.82 | 3 224.09 | -2 059.14 | 1 941.34 |
| Shareholders equity total | 53 236.39 | 63 567.71 | 70 673.02 | 71 780.82 | 73 749.81 |
| Balance sheet total (assets) | 59 793.39 | 68 750.22 | 76 518.64 | 77 582.92 | 79 263.28 |
| Net debt | 2 289.63 | 901.63 | 914.30 | 2 638.68 | 2 828.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.6 % | 17.7 % | 5.3 % | -2.3 % | 2.6 % |
| ROE | -0.9 % | 18.6 % | 4.8 % | -2.9 % | 2.7 % |
| ROI | -0.6 % | 18.0 % | 5.4 % | -2.3 % | 2.6 % |
| Economic value added (EVA) | -3 113.29 | -3 338.07 | -3 644.70 | -3 579.87 | -4 136.92 |
| Solvency | |||||
| Equity ratio | 89.0 % | 92.5 % | 92.4 % | 92.5 % | 93.0 % |
| Gearing | 4.4 % | 2.0 % | 1.9 % | 3.8 % | 3.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.9 | 5.7 | 3.8 | 3.9 | 3.9 |
| Current ratio | 3.9 | 5.7 | 3.8 | 3.9 | 3.9 |
| Cash and cash equivalents | 65.63 | 355.01 | 427.25 | 65.63 | 65.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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