CREATE IT REAL A/S — Credit Rating and Financial Key Figures

CVR number: 31944155
Hjulmagervej 28, 9000 Aalborg

Company information

Official name
CREATE IT REAL A/S
Personnel
23 persons
Established
2009
Company form
Limited company
Industry

About CREATE IT REAL A/S

CREATE IT REAL A/S (CVR number: 31944155) is a company from AALBORG. The company recorded a gross profit of 2281.4 kDKK in 2023. The operating profit was -5945.3 kDKK, while net earnings were -6972.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.5 %, which can be considered poor and Return on Equity (ROE) was -59.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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. CREATE IT REAL A/S's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit821.00- 118.83907.26-56.842 281.39
EBIT-2 382.66-2 838.22-5 841.16-5 228.59-5 945.31
Net earnings-1 859.16-2 225.52-6 834.53-5 640.28-6 972.93
Shareholders equity total4 798.9115 207.558 373.035 232.74-1 740.19
Balance sheet total (assets)7 007.0531 234.4724 799.9021 561.1318 256.49
Net debt- 253.29-6 320.7010 477.358 176.2316 852.80
Profitability
EBIT-%
ROA-30.8 %-14.8 %-20.7 %-22.4 %-28.5 %
ROE-32.5 %-22.2 %-58.0 %-82.9 %-59.4 %
ROI-40.8 %-16.7 %-22.3 %-24.2 %-31.1 %
Economic value added (EVA)-2 180.29-2 243.89-7 517.82-6 067.40-6 687.40
Solvency
Equity ratio68.5 %91.5 %90.4 %92.8 %78.3 %
Gearing87.9 %168.7 %282.2 %-1044.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.110.88.04.81.5
Current ratio1.110.88.25.01.7
Cash and cash equivalents253.2919 685.383 644.196 591.821 315.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-28.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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