CURO PARTNER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CURO PARTNER ApS
CURO PARTNER ApS (CVR number: 34090807) is a company from VEJLE. The company recorded a gross profit of -5.1 kDKK in 2023. The operating profit was -5.1 kDKK, while net earnings were -20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -16.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CURO PARTNER ApS's liquidity measured by quick ratio was 1.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 505.84 | -20.32 | -5.11 | 4.89 | -5.12 |
EBIT | -82.63 | -60.32 | -5.11 | 4.89 | -5.12 |
Net earnings | - 152.68 | -70.84 | -4.92 | 12.06 | -20.37 |
Shareholders equity total | 194.97 | 124.13 | 119.21 | 131.28 | 110.91 |
Balance sheet total (assets) | 705.75 | 663.95 | 634.82 | 654.16 | 507.13 |
Net debt | 482.63 | 499.09 | 498.50 | 515.67 | 388.88 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.9 % | -8.7 % | 0.8 % | 3.9 % | 0.5 % |
ROE | -56.3 % | -44.4 % | -4.0 % | 9.6 % | -16.8 % |
ROI | -8.6 % | -9.1 % | 0.8 % | 4.0 % | 0.5 % |
Economic value added (EVA) | -92.11 | -63.03 | -9.86 | -2.52 | -10.53 |
Solvency | |||||
Equity ratio | 27.6 % | 18.7 % | 18.8 % | 20.1 % | 21.9 % |
Gearing | 251.4 % | 402.1 % | 418.2 % | 392.8 % | 350.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 1.2 | 1.3 | 1.3 |
Current ratio | 1.4 | 1.2 | 1.2 | 1.3 | 1.3 |
Cash and cash equivalents | 7.53 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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