K/S Kronach
K/SDissolvedAdvertising protectionCVR 27463487Bredgade 34A, 1260 København KOther real estate activities on a fee or contract basis· NACE 6832Est. 2003 · 22 years old— employees
Loading company…
Overview
K/S Kronach is a Danish K/S based in København K, operating in the Other real estate activities on a fee or contract basis sector. Incorporated in 2003, the company reported revenue of DKK 4.7m in its latest annual filing.
Revenue 2017
4.7M DKK
0% vs 2016
EBITDA margin
50.7 %
−39% vs 2016
Net profit 2017
-3.5M DKK
-7% vs 2016
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
64.1 %
WeakAmong the 30% lowest rated companies in the industry
20132017
Liquidity ratioCurrent assets ÷ Short-term debt
0.0×
20132017
Return on assets (ROA)Net profit ÷ Total assets × 100
-165.7 %
Very weakAmong the 10% lowest rated companies in the industry
20132017
EBITDA — year on year
DKK thousandsKey figures
Annual report 2017| Revenue | 4.7M DKK | 0% |
| EBITDA | 2.4M DKK | -39% |
| Net profit | -3.5M DKK | -7% |
| Total assets | 2.1M DKK | -96% |
| Equity | 1.3M DKK | -66% |
| Employees | — | — |
Company information
Legal name
K/S KRONACH
CVR number
27463487
Legal form
Kommanditselskab
NACE code
Founded
3 December 2003 · 22 years
Share capital
—
Employees
—
VAT registered
No
Audit selected
No
Last report
2017-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af komplementaren.
Contact
Address
Bredgade 34A, 1260 København K
Advertising protection
Active — opted out of marketing use
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2017), K/S Kronach reported revenue of DKK 4.7m, broadly in line with the year before. The figures on this page draw on 5 annual filings covering 2013 to 2017. The bottom line showed a net loss of DKK 3.5m, and the EBITDA margin stood at 50.7%.
At the end of 2017, equity financed 64.1% of the balance sheet.
Financials
Revenue
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Revenue | 4,716 | 4,731 | 4,725 | 4,893 | 5,044 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 2,393 | 3,911 | 3,753 | 4,068 | 4,348 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 2,393 | 3,911 | 3,753 | 4,068 | 4,348 |
| Net financials | -3,993 | -2,669 | -2,778 | -2,892 | -3,085 |
| Profit before tax | -3,470 | -3,246 | 1,024 | 1,646 | -8,160 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -3,470 | -3,246 | 1,024 | 1,646 | -8,160 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
DKK thousands| Item | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Total assets | 2,095 | 52,222 | 57,039 | 57,906 | 58,247 |
| Equity | 1,343 | 4,004 | 2,816 | 1,162 | -1,113 |
| Long-term debt | 0 | 33,981 | 51,227 | 53,472 | 42,777 |
| Short-term debt | 0 | 14,236 | 2,996 | 3,272 | 16,583 |
| Total debt | 752 | 48,218 | 54,223 | 56,743 | 59,360 |
Financial ratios
5-year trendEBITDA margin
50.7 %
20132017
Equity ratio
64.1 %
WeakAmong the 30% lowest rated companies in the industry
20132017
Return on equity
-258.5 %
Very weakAmong the 10% lowest rated companies in the industry
20132017
Net profit margin
-73.6 %
Very weakAmong the 20% lowest rated companies in the industry
20132017
Asset turnover
2.25×
Very strongAmong the 10% highest rated companies in the industry
20132017
Debt / equity
0.56×
WeakAmong the 30% lowest rated companies in the industry
20132017
Sector performance
24 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 30% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 40% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery weak
Among the 20% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 20% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current assets to equityVery weak
Among the 10% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery strong
Among the 10% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 10% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 30% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 20% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (7)
SH Board of Directors | Board of Directors | 2005 – 2018 |
MV Board of Directors | Board of Directors | 2005 – 2010 |
CP Board of Directors | Board of Directors | 2003 – 2005 |
RJ Board of Directors | Board of Directors | 2010 – 2018 |
HL Board of Directors | Board of Directors | 2003 – 2005 |
BG Board of Directors | Board of Directors | 2003 – 2005 |
SO Chairman | Chairman | 2005 – 2018 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 10–14.99% | 10–14.99% | 2004 | |
| Individual | 5–9.99% | 5–9.99% | 2004 | |
| Individual | 5–9.99% | 5–9.99% | 2004 | |
| Individual | 10–14.99% | 10–14.99% | 2004 | |
| Company | 100% | 100% | 2018 | |
| Company | 10–14.99% | 0% | 2004 | |
| Individual | 10–14.99% | 10–14.99% | 2004 | |
| Individual | 10–14.99% | 10–14.99% | 2004 | |
| Individual | 10–14.99% | 10–14.99% | 2004 | |
| Individual | 5–9.99% | 5–9.99% | 2004 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
ApS KRONACH KOMPLEMENTAR
K/S Kronach Board network connections
Board members of K/S Kronach also hold positions in 41 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Carsten Pedersen Rise | Board of Directors | 21 companiesMany roles |
| Henrik Lars Olsen | Board of Directors | 10 companiesMany roles |
| Søren Haugaard | Board of Directors | 6 companiesMany roles |
| Robert Johannes Kristiansen | Board of Directors | 2 companies |
| Søren Olesen | Chairman | 2 companies |
Frequently asked questions
What is the CVR number of K/S Kronach?
K/S Kronach is registered with CVR / Virk under CVR 27463487.
What is the revenue of K/S Kronach?
K/S Kronach reported revenue of DKK 4.7m in 2017.
Where is K/S Kronach headquartered?
K/S Kronach's registered address is Bredgade 34A, st..