CAE DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 21112100
Bistrupvej 22, 3460 Birkerød

Credit rating

Company information

Official name
CAE DEVELOPMENT ApS
Personnel
5 persons
Established
1998
Company form
Private limited company
Industry

About CAE DEVELOPMENT ApS

CAE DEVELOPMENT ApS (CVR number: 21112100) is a company from RUDERSDAL. The company recorded a gross profit of 11.4 mDKK in 2023. The operating profit was 6420.4 kDKK, while net earnings were 4886.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.3 %, which can be considered excellent and Return on Equity (ROE) was 43.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CAE DEVELOPMENT ApS's liquidity measured by quick ratio was 5.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 830.999 629.6310 856.9812 154.6911 377.12
EBIT4 463.165 991.967 056.267 473.156 420.43
Net earnings3 212.194 746.915 744.485 954.604 886.18
Shareholders equity total4 371.369 118.277 362.7413 317.349 203.52
Balance sheet total (assets)6 684.3511 979.1215 637.7414 629.5711 399.00
Net debt-4 641.07-8 448.96-5 307.57-9 856.54-6 170.24
Profitability
EBIT-%
ROA68.8 %64.2 %51.1 %49.4 %49.3 %
ROE75.3 %70.4 %69.7 %57.6 %43.4 %
ROI86.0 %79.3 %55.7 %51.5 %55.6 %
Economic value added (EVA)3 275.504 841.105 840.526 320.204 755.17
Solvency
Equity ratio65.4 %76.1 %47.1 %91.0 %80.7 %
Gearing13.2 %11.4 %105.9 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.94.21.911.15.2
Current ratio2.94.21.911.15.2
Cash and cash equivalents5 218.879 485.8813 105.1110 410.646 170.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:49.3%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.7%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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