Cassin Networks ApS — Credit Rating and Financial Key Figures

Cassin Networks ApS (CVR number: 36967552) is a company from KØBENHAVN. The company reported a net sales of 2525.8 mDKK in 2023, demonstrating a decline of -17.5 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 187.1 mDKK), while net earnings were 157.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.7 %, 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 1.8 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.