Cryptonic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cryptonic ApS
Cryptonic ApS (CVR number: 38890956) is a company from FREDENSBORG. The company recorded a gross profit of -24.1 kDKK in 2023. The operating profit was -24.1 kDKK, while net earnings were -263.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -65.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Cryptonic ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 105.61 | 427.91 | 12.99 | 146.48 | -24.09 |
EBIT | 105.61 | 427.91 | 12.99 | 146.48 | -24.09 |
Net earnings | 71.45 | 254.40 | -74.97 | 237.71 | - 263.63 |
Shareholders equity total | 116.64 | 371.04 | 296.06 | 533.77 | 270.14 |
Balance sheet total (assets) | 1 164.57 | 2 060.45 | 1 603.75 | 944.90 | 872.82 |
Net debt | -1 126.83 | -1 673.06 | -1 483.82 | - 821.53 | |
Profitability | |||||
EBIT-% | |||||
ROA | 17.7 % | 26.6 % | 0.7 % | 24.5 % | 0.8 % |
ROE | 88.3 % | 104.3 % | -22.5 % | 57.3 % | -65.6 % |
ROI | 18.2 % | 28.5 % | 1.2 % | 63.6 % | 1.7 % |
Economic value added (EVA) | 80.11 | 327.92 | -27.98 | 95.49 | -49.51 |
Solvency | |||||
Equity ratio | 10.0 % | 18.0 % | 18.5 % | 56.5 % | 31.0 % |
Gearing | 104.4 % | 26.1 % | 14.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 34.5 | 3.6 | 17.4 | 2.3 | 1.4 |
Current ratio | 34.5 | 3.6 | 17.4 | 2.3 | 1.4 |
Cash and cash equivalents | 1 126.83 | 2 060.45 | 1 561.23 | 898.12 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | B |
Variable visualization
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