CICERONE ApS — Credit Rating and Financial Key Figures

CICERONE ApS (CVR number: 26115442) is a company from HØRSHOLM. The company recorded a gross profit of 127.3 kDKK in 2023. The operating profit was 56.5 kDKK, while net earnings were 41.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48 %, which can be considered excellent and Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CICERONE ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.