CANE-LINE A/S — Credit Rating and Financial Key Figures

CVR number: 10658837
Rynkebyvej 245, 5350 Rynkeby
ams@cane-line.com
tel: 63154860

Credit rating

Company information

Official name
CANE-LINE A/S
Personnel
49 persons
Established
1987
Company form
Limited company
Industry

About CANE-LINE A/S

CANE-LINE A/S (CVR number: 10658837) is a company from KERTEMINDE. The company recorded a gross profit of 88.9 mDKK in 2024. The operating profit was 56.4 mDKK, while net earnings were 47.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 73 %, which can be considered excellent and Return on Equity (ROE) was 61 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CANE-LINE A/S's liquidity measured by quick ratio was 2.6 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 profit95 500.0088 851.00
EBIT64 634.0056 353.00
Net earnings80 958.00119 286.0097 291.0054 181.0047 801.00
Shareholders equity total153 604.00173 026.00120 444.0074 419.0082 412.00
Balance sheet total (assets)180 980.00198 817.00135 271.0089 102.0098 557.00
Net debt-2 211.00-8 418.00
Profitability
EBIT-%
ROA67.8 %73.0 %
ROE60.8 %73.0 %66.3 %55.6 %61.0 %
ROI70.9 %82.5 %
Economic value added (EVA)-5 661.87-7 718.60-8 694.5644 343.1439 949.79
Solvency
Equity ratio100.0 %100.0 %100.0 %86.4 %86.5 %
Gearing6.4 %5.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.6
Current ratio5.85.9
Cash and cash equivalents6 947.0012 859.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:73.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.5%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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