Circle & Friends ApS — Credit Rating and Financial Key Figures

CVR number: 38378422
Sturlasgade 14 A, 2300 København S
info@vibekefonnesbergschmidt.dk
tel: 20474660

Company information

Official name
Circle & Friends ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Circle & Friends ApS

Circle & Friends ApS (CVR number: 38378422) is a company from KØBENHAVN. The company recorded a gross profit of 598.1 kDKK in 2024. The operating profit was 109.8 kDKK, while net earnings were 86.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.8 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Circle & Friends ApS's liquidity measured by quick ratio was 4.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit305.46309.16438.71181.98598.14
EBIT- 103.3775.1450.34- 237.27109.81
Net earnings-73.3261.1242.71- 183.3286.33
Shareholders equity total341.75402.85445.56262.24348.58
Balance sheet total (assets)393.45443.57497.36326.15423.72
Net debt-34.68- 160.71- 213.39-24.27- 131.44
Profitability
EBIT-%
ROA-18.2 %18.9 %11.3 %-57.1 %29.8 %
ROE-15.3 %16.4 %10.1 %-51.8 %28.3 %
ROI-20.2 %20.7 %12.1 %-61.2 %32.3 %
Economic value added (EVA)- 108.4941.0120.43- 208.6970.18
Solvency
Equity ratio86.9 %90.8 %89.6 %80.4 %82.3 %
Gearing2.3 %2.7 %5.6 %13.5 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.88.77.93.74.5
Current ratio6.49.58.54.35.0
Cash and cash equivalents42.42171.44238.1959.57176.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:29.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.3%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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