CIRC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CIRC A/S
CIRC A/S (CVR number: 36939834) is a company from SØNDERBORG. The company recorded a gross profit of 363.9 kDKK in 2024. The operating profit was -223.5 kDKK, while net earnings were -31.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CIRC A/S's liquidity measured by quick ratio was 55.6 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 | 1 172.00 | 2 762.26 | -35.59 | 141.13 | 363.85 |
EBIT | 413.00 | 1 790.74 | - 333.36 | - 209.87 | - 223.47 |
Net earnings | 437.00 | 1 566.40 | - 557.47 | -61.34 | -31.61 |
Shareholders equity total | 2 468.00 | 3 921.55 | 2 964.09 | 2 784.95 | 2 631.33 |
Balance sheet total (assets) | 3 184.00 | 4 339.96 | 2 998.73 | 2 891.09 | 2 679.50 |
Net debt | -2 791.00 | -2 204.75 | -2 890.73 | -2 752.82 | -2 568.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.1 % | 53.7 % | -4.4 % | -1.4 % | -1.1 % |
ROE | 17.2 % | 49.0 % | -16.2 % | -2.1 % | -1.2 % |
ROI | 21.8 % | 63.1 % | -4.7 % | -1.4 % | -1.2 % |
Economic value added (EVA) | 367.89 | 1 426.25 | - 402.94 | - 213.56 | - 225.08 |
Solvency | |||||
Equity ratio | 77.5 % | 90.4 % | 98.8 % | 96.3 % | 98.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 9.9 | 86.3 | 27.2 | 55.6 |
Current ratio | 4.1 | 9.9 | 86.3 | 27.2 | 55.6 |
Cash and cash equivalents | 2 791.00 | 2 204.75 | 2 890.73 | 2 752.82 | 2 568.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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