CD Spaltning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CD Spaltning ApS
CD Spaltning ApS (CVR number: 40228594) is a company from MIDDELFART. The company recorded a gross profit of 541.5 kDKK in 2024. The operating profit was -110.2 kDKK, while net earnings were 3427.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. CD Spaltning ApS's liquidity measured by quick ratio was 7.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 260.06 | 1 415.51 | |||
Gross profit | -85.66 | 337.09 | 878.81 | 580.47 | 541.49 |
EBIT | - 655.33 | - 339.85 | 203.04 | -67.42 | - 110.16 |
Net earnings | 2 832.76 | 5 000.38 | -7 356.83 | 3 008.38 | 3 427.10 |
Shareholders equity total | 65 197.56 | 66 197.94 | 53 091.11 | 49 331.38 | 42 758.48 |
Balance sheet total (assets) | 72 563.08 | 79 194.25 | 64 337.60 | 64 381.66 | 55 083.22 |
Net debt | -52 353.71 | -52 158.42 | -36 511.47 | -31 754.66 | -23 067.43 |
Profitability | |||||
EBIT-% | -52.0 % | -24.0 % | |||
ROA | 4.6 % | 9.9 % | 2.2 % | 9.3 % | 8.3 % |
ROE | 4.4 % | 7.6 % | -12.3 % | 5.9 % | 7.4 % |
ROI | 4.7 % | 8.9 % | 2.2 % | 9.4 % | 8.3 % |
Economic value added (EVA) | -1 099.71 | - 853.22 | - 397.48 | - 745.58 | - 619.31 |
Solvency | |||||
Equity ratio | 89.8 % | 83.6 % | 82.5 % | 76.6 % | 77.6 % |
Gearing | 9.7 % | 18.4 % | 20.5 % | 29.7 % | 28.4 % |
Relative net indebtedness % | -4070.5 % | -3626.0 % | |||
Liquidity | |||||
Quick ratio | 35.1 | 17.5 | 16.6 | 7.0 | 7.9 |
Current ratio | 35.1 | 17.5 | 16.6 | 7.0 | 7.9 |
Cash and cash equivalents | 58 656.76 | 64 323.28 | 47 398.79 | 46 419.94 | 35 200.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.3 | 1.9 | |||
Net working capital % | 89.7 % | -58.2 % | |||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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