Virksomhedsform
Anpartsselskab
Etableret
1999
Størrelse
Mikro
Ansatte
-
Omsætning
- DKK
Bruttofortj.
-530.000 DKK
Primært resultat (EBIT)
- DKK
Årets resultat
-529.000 DKK
Egenkapital
2.408 MDKK
annonce

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Rang Årets resultat

Rang i branche
144/165
"Bund 35%"
Rang i Danmark
312.923/342.443
"Bund 10%"

Direktion top 3

Legale ejere top 3

Tegningsregler

Selskabet tegnes af den samlede direktion eller af to direktionsmedlemmer i forening.

Stamoplysninger baseret på CVR

NavnKronos Denmark Aps
CVR24242781
AdresseAxeltorv 2, c/o Gorrissen Federspiel, 1609 København V
BrancheGennemløbsholdingselskaber [642030]
Etableret01-10-1999 (24 år)
Første regnskabsperiode01-10-1999 til 31-12-1999
VirksomhedsformAnpartsselskab
Antal ansatte-
ReklamebeskyttelseNej
RevisorPricewaterhousecoopers Statsautoriseret Revisionspartnerselskab siden 01-07-2011
Regnskabsperiode01-01 til 31-12
Selskabskapital1.001.000 DKK
1.000.000 DKK (06-07-2000 - 06-12-2005)
1.001.000 DKK (31-03-2000 - 05-07-2000)
1.000.000 DKK (31-12-1999 - 30-03-2000)
125.000 DKK (01-10-1999 - 30-12-1999)
Vedtægter seneste02-09-2013

Medlem af brancherne

Formål

Selskabets formål er at drive handel og industri og finansiel virksomhed direkte eller indirekte gennem investering i andre selskaber, samt, at drive anden virksomhed, der efter direktionens skøn er forbunden dermed.

Regnskab

 202220212020
Valuta/enhed000' DKK000' DKK000' DKK
Omsætning
-
-
-
-
-
-
Bruttofortjeneste
-530
-
-571
-
-520
-
Årets resultat
-529
-
224.245
-11%
253.368
+20%
Egenkapital
2.408.060
0%
2.408.589
+6%
2.265.252
+1%
Balance
2.408.455
0%
2.408.979
+6%
2.265.633
+1%

Ledelsesberetning

Development in activities and financesThe Company’s income statement shows a loss of DKK 529 thousand for 2022, and its balance sheet shows equity of DKK 2,408,060 thousand on 31.12.2022. These results are in line with the expectations for 2022.

The operating income in 2022 of Kronos Denmark’s subsidiaries increased compared to 2021.

In 2022 Kronos Europe showed an operating income of USD 14,1 million compared to USD 7,6 million in 2021. This improvement of operating income was based on an increase in selling prices whereas cost, especially energy cost, were still under control.

Titania AS operating income increased from USD 48,1 to USD 60,81 million. The increase was based on higher sales prices for ilmenite.

Kronos Titan AS ended up with an operating loss of USD 4,4 million compared to an operating income of USD 4,0 million for the year 2021. A massive increase in energy cost in the second half, especially in the last quarter is responsible for this decrease of operating income. The increase in energy cost could not be compensated by the increased sales prices.

Operating income from KNAS changed from USD 0,5 million in 2021 to USD 1,1million in 2022.


During 2022 Kronos average production capacity utilization rate was approximately 89 %. Kronos produced 492,000 metric tons worldwide. In the fourth quarter 2022 we adjusted production levels to correspond with reduced customer demand.


On April 20, 2021 Kronos entered into a new USD 225 million global revolving credit facility (Global Revolver), which matures in April 2026. There were no outstanding borrowings on the new Global Revolver at December 31, 2022. We were in compliance with all of our debt covenants at December 31, 2022.

Neither Denmark nor the Norwegian entities appear as borrower respectively as guarantor.
Only Kronos Europe is still part of the loan: As borrower and as guarantor.
04-07-2023

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