CYGNET ApS

CVR number: 32292542
Bakkedraget 19, 3400 Hillerød

Credit rating

Company information

Official name
CYGNET ApS
Established
2009
Company form
Private limited company
Industry
  • Expand more icon63Information service activities

About CYGNET ApS

CYGNET ApS (CVR number: 32292542) is a company from HILLERØD. The company recorded a gross profit of -35.4 kDKK in 2023. The operating profit was -35.4 kDKK, while net earnings were 168.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. CYGNET ApS's liquidity measured by quick ratio was 4.8 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
20192020202120222023
Volume
Net sales
Gross profit45.57- 352.7054.16-33.22-35.41
EBIT14.94- 343.3554.16-33.22-35.41
Net earnings6.86- 228.0794.83-99.43168.42
Shareholders equity total1 082.55743.88725.71626.27676.90
Balance sheet total (assets)1 158.99855.10848.16707.63849.82
Net debt- 673.47- 758.92- 680.80- 585.92- 641.28
Profitability
EBIT-%
ROA1.1 %-19.4 %11.5 %-4.3 %20.0 %
ROE0.6 %-25.0 %12.9 %-14.7 %25.8 %
ROI1.3 %-20.2 %12.2 %-4.4 %20.6 %
Economic value added (EVA)-0.68- 409.5257.58-31.06-40.57
Solvency
Equity ratio93.4 %87.0 %85.6 %88.5 %79.7 %
Gearing4.7 %7.1 %12.1 %11.7 %20.6 %
Relative net indebtedness %
Liquidity
Quick ratio14.42.26.88.54.8
Current ratio14.42.26.88.54.8
Cash and cash equivalents724.52812.02768.74659.23780.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:20.0%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.7%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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