CYGNET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CYGNET ApS
CYGNET ApS (CVR number: 32292542) is a company from HILLERØD. The company recorded a gross profit of -29.6 kDKK in 2024. The operating profit was -29.6 kDKK, while net earnings were 53.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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 4.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 352.70 | 54.16 | -33.22 | -35.41 | -29.59 |
EBIT | - 343.35 | 54.16 | -33.22 | -35.41 | -29.59 |
Net earnings | - 228.07 | 94.83 | -99.43 | 168.42 | 53.27 |
Shareholders equity total | 743.88 | 725.71 | 626.27 | 676.90 | 608.16 |
Balance sheet total (assets) | 855.10 | 848.16 | 707.63 | 849.82 | 770.65 |
Net debt | - 758.92 | - 680.80 | - 585.92 | - 641.28 | - 570.91 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.4 % | 11.5 % | -4.3 % | 20.0 % | 10.3 % |
ROE | -25.0 % | 12.9 % | -14.7 % | 25.8 % | 8.3 % |
ROI | -20.2 % | 12.2 % | -4.4 % | 20.6 % | 10.6 % |
Economic value added (EVA) | - 448.49 | 14.11 | -74.11 | -77.38 | -62.20 |
Solvency | |||||
Equity ratio | 87.0 % | 85.6 % | 88.5 % | 79.7 % | 78.9 % |
Gearing | 7.1 % | 12.1 % | 11.7 % | 20.6 % | 23.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 6.8 | 8.5 | 4.8 | 4.7 |
Current ratio | 2.2 | 6.8 | 8.5 | 4.8 | 4.7 |
Cash and cash equivalents | 812.02 | 768.74 | 659.23 | 780.97 | 714.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
Variable visualization
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