Cursum A/S — Credit Rating and Financial Key Figures

CVR number: 38247662
Ragnagade 7, 2100 København Ø

Credit rating

Company information

Official name
Cursum A/S
Personnel
1 person
Established
2016
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

About Cursum A/S

Cursum A/S (CVR number: 38247662) is a company from KØBENHAVN. The company recorded a gross profit of 2311.6 kDKK in 2023. The operating profit was 957.8 kDKK, while net earnings were 577.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. Cursum A/S'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 profit1 077.141 251.721 785.671 762.032 311.60
EBIT- 453.079.05- 406.47-2 113.18957.76
Net earnings- 659.6932.34- 237.63-1 783.21577.42
Shareholders equity total845.013 627.353 389.722 856.513 433.92
Balance sheet total (assets)3 450.275 549.215 223.316 337.486 703.48
Net debt-32.08-1 299.90- 188.30944.111 096.48
Profitability
EBIT-%
ROA-14.0 %0.9 %-6.4 %-36.6 %14.8 %
ROE-56.2 %1.4 %-6.8 %-57.1 %18.4 %
ROI-18.5 %1.1 %-7.6 %-49.7 %21.6 %
Economic value added (EVA)- 580.2055.38- 227.68-1 719.53823.08
Solvency
Equity ratio24.5 %65.4 %64.9 %64.8 %71.4 %
Gearing5.4 %2.3 %3.6 %43.8 %39.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.02.00.70.60.6
Current ratio1.02.00.70.60.6
Cash and cash equivalents78.031 383.35311.88305.89256.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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