CB Lubricants Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 37234729
Gungevej 9, 2650 Hvidovre
tel: 70207769

Credit rating

Company information

Official name
CB Lubricants Danmark ApS
Personnel
3 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CB Lubricants Danmark ApS

CB Lubricants Danmark ApS (CVR number: 37234729) is a company from HVIDOVRE. The company recorded a gross profit of 2047.5 kDKK in 2023. The operating profit was -758.1 kDKK, while net earnings were -598.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -57.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.7 %, 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. CB Lubricants Danmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 424.714 399.166 411.004 927.002 047.46
EBIT- 754.72171.842 224.001 421.00- 758.13
Net earnings- 646.1463.671 653.001 054.00- 598.46
Shareholders equity total-1 426.43-1 362.76290.001 344.00745.83
Balance sheet total (assets)15 360.7410 149.7513 443.0020 699.009 745.19
Net debt6 023.18532.731 006.00- 701.00582.71
Profitability
EBIT-%
ROA-4.1 %1.2 %17.8 %8.4 %-4.2 %
ROE-3.8 %0.5 %31.7 %129.0 %-57.3 %
ROI-16.7 %4.6 %112.9 %56.5 %-33.7 %
Economic value added (EVA)- 367.73223.211 803.051 145.13- 628.60
Solvency
Equity ratio-8.5 %-11.8 %2.3 %6.6 %7.7 %
Gearing-452.2 %-41.0 %775.5 %22.6 %80.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.70.80.6
Current ratio0.90.91.11.11.1
Cash and cash equivalents426.7625.781 243.001 005.0020.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-4.21%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.75%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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