CADESIGN HOLDING A/S
Credit rating
Company information
About CADESIGN HOLDING A/S
CADESIGN HOLDING A/S (CVR number: 29808554) is a company from AARHUS. The company recorded a gross profit of -156.4 kDKK in 2023. The operating profit was -276.4 kDKK, while net earnings were -777.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CADESIGN HOLDING A/S's liquidity measured by quick ratio was 6.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.74 | -21.97 | -14.01 | -6.40 | - 156.42 |
EBIT | - 144.95 | - 127.39 | - 138.12 | - 112.66 | - 276.42 |
Net earnings | -2 939.55 | 1 696.98 | 4 279.93 | 2 689.47 | - 777.45 |
Shareholders equity total | 2 686.49 | 4 383.48 | 8 363.40 | 8 572.87 | 5 995.42 |
Balance sheet total (assets) | 2 856.73 | 4 669.82 | 9 830.45 | 9 421.42 | 6 088.69 |
Net debt | -46.85 | - 761.54 | 702.60 | - 347.46 | - 113.07 |
Profitability | |||||
EBIT-% | |||||
ROA | -58.6 % | 46.1 % | 59.5 % | 28.6 % | -10.1 % |
ROE | -63.8 % | 48.0 % | 67.2 % | 31.8 % | -10.7 % |
ROI | -61.7 % | 47.1 % | 62.3 % | 30.7 % | -10.7 % |
Economic value added (EVA) | - 124.27 | - 134.14 | - 101.95 | -95.32 | - 181.59 |
Solvency | |||||
Equity ratio | 94.0 % | 93.9 % | 85.1 % | 91.0 % | 98.5 % |
Gearing | 0.3 % | 11.2 % | 0.3 % | 0.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.9 | 7.4 | 1.3 | 1.5 | 6.2 |
Current ratio | 9.9 | 7.4 | 1.3 | 1.5 | 6.2 |
Cash and cash equivalents | 46.85 | 774.66 | 233.97 | 375.95 | 141.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | A | BBB | A | BB |
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