Cassin Networks ApS — Credit Rating and Financial Key Figures

CVR number: 36967552
Amerika Plads 37, 2100 København Ø

Company information

Official name
Cassin Networks ApS
Personnel
70 persons
Established
2015
Company form
Private limited company
Industry

About Cassin Networks ApS

Cassin Networks ApS (CVR number: 36967552) is a company from KØBENHAVN. The company reported a net sales of 3086.4 mDKK in 2024, demonstrating a growth of 22.2 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 265.7 mDKK), while net earnings were 184.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cassin Networks ApS's liquidity measured by quick ratio was 1.2 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 364.532 923.313 062.102 525.763 086.35
Gross profit2 364.532 923.313 062.101 546.572 497.78
EBIT168.36226.79222.49187.12265.74
Net earnings145.17169.16173.21157.92184.86
Shareholders equity total12 321.1412 490.3014 526.6814 684.6015 433.24
Balance sheet total (assets)12 619.5313 223.6616 869.6215 340.0116 195.44
Net debt- 511.07288.03
Profitability
EBIT-%7.1 %7.8 %7.3 %7.4 %8.6 %
ROA1.4 %1.8 %1.5 %1.4 %2.0 %
ROE1.2 %1.4 %1.3 %1.1 %1.2 %
ROI1.4 %1.8 %1.5 %1.5 %2.0 %
Economic value added (EVA)- 384.59- 392.35- 405.15- 582.66- 547.18
Solvency
Equity ratio100.0 %100.0 %100.0 %95.7 %95.3 %
Gearing1.0 %2.9 %
Relative net indebtedness %-5.5 %13.0 %
Liquidity
Quick ratio1.81.2
Current ratio1.81.2
Cash and cash equivalents660.38163.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %17.5 %3.7 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.02%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.