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
4 persons
Established
2016
Company form
Limited company
Industry

About Cursum A/S

Cursum A/S (CVR number: 38247662) is a company from KØBENHAVN. The company recorded a gross profit of 2260.1 kDKK in 2024. The operating profit was 649 kDKK, while net earnings were 352.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 251.721 785.671 762.032 311.602 260.12
EBIT9.05- 406.47-2 113.18957.76648.99
Net earnings32.34- 237.63-1 783.21577.42352.24
Shareholders equity total3 627.353 389.722 856.513 433.925 271.71
Balance sheet total (assets)5 549.215 223.316 337.486 703.486 607.34
Net debt-1 299.90- 188.30944.111 096.48- 218.72
Profitability
EBIT-%
ROA0.9 %-6.4 %-36.6 %14.8 %10.4 %
ROE1.4 %-6.8 %-57.1 %18.4 %8.1 %
ROI1.1 %-7.6 %-49.7 %21.6 %13.7 %
Economic value added (EVA)-48.15- 449.01-1 906.26539.46263.34
Solvency
Equity ratio65.4 %64.9 %64.8 %71.4 %79.8 %
Gearing2.3 %3.6 %43.8 %39.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.00.70.60.60.9
Current ratio2.00.70.60.60.9
Cash and cash equivalents1 383.35311.88305.89256.84218.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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