Circular IT A/S — Credit Rating and Financial Key Figures

CVR number: 42617555
Vang Mark 14, 9380 Vestbjerg
hbo@circular-it.dk
tel: 93402035
https://circular-it.dk/

Credit rating

Company information

Official name
Circular IT A/S
Personnel
7 persons
Established
2021
Company form
Limited company
Industry
  • Expand more icon465000

About Circular IT A/S

Circular IT A/S (CVR number: 42617555) is a company from AALBORG. The company recorded a gross profit of 9357.2 kDKK in 2024. The operating profit was 3891.2 kDKK, while net earnings were 3000.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.7 %, which can be considered excellent and Return on Equity (ROE) was 77.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Circular IT A/S's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit6 134.626 205.389 357.17
EBIT2 270.871 758.673 891.23
Net earnings1 709.701 332.333 000.89
Shareholders equity total2 109.702 742.035 042.92
Balance sheet total (assets)4 608.705 101.837 731.90
Net debt- 627.58- 840.32-3 338.73
Profitability
EBIT-%
ROA49.3 %36.2 %60.7 %
ROE81.0 %54.9 %77.1 %
ROI90.2 %62.0 %95.0 %
Economic value added (EVA)1 769.261 313.282 957.42
Solvency
Equity ratio54.6 %61.8 %65.2 %
Gearing19.4 %15.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.52.0
Current ratio2.22.62.9
Cash and cash equivalents1 036.161 252.583 338.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:60.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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