Kronospan ApS — Credit Rating and Financial Key Figures

Kronospan ApS (CVR number: 11766110) is a company from SYDDJURS. The company reported a net sales of 479.5 mEUR in 2015, demonstrating a growth of 1.1 % compared to the previous year. The operating profit percentage was poor at -0.6 % (EBIT: -2.8 mEUR), while net earnings were -3734 kEUR. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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. Kronospan ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.