CargoTech A/S — Credit Rating and Financial Key Figures

CVR number: 41226854
J.P. Skovsvej 5, 7080 Børkop

Credit rating

Company information

Official name
CargoTech A/S
Personnel
5 persons
Established
2020
Company form
Limited company
Industry

About CargoTech A/S

CargoTech A/S (CVR number: 41226854) is a company from VEJLE. The company recorded a gross profit of 5603.4 kDKK in 2024. The operating profit was 1775.1 kDKK, while net earnings were 1309.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 93 %, which can be considered excellent and Return on Equity (ROE) was 148.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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. CargoTech A/S's liquidity measured by quick ratio was 2.8 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.

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 profit929.351 273.612 702.412 853.675 603.44
EBIT- 288.69214.621 703.87117.151 775.11
Net earnings- 249.58170.771 310.4584.181 309.31
Shareholders equity total463.72634.491 944.94229.121 538.43
Balance sheet total (assets)735.341 618.763 115.331 568.602 357.56
Net debt- 192.36- 531.07-1 221.93- 496.64- 308.88
Profitability
EBIT-%
ROA-34.1 %21.0 %76.3 %6.2 %93.0 %
ROE-53.8 %31.1 %101.6 %7.7 %148.1 %
ROI-54.2 %45.1 %140.1 %13.1 %195.9 %
Economic value added (EVA)- 225.59142.421 234.35-12.181 364.35
Solvency
Equity ratio63.1 %39.2 %62.4 %14.6 %65.3 %
Gearing17.2 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.62.61.12.8
Current ratio2.51.62.61.12.8
Cash and cash equivalents192.36531.071 221.93536.04366.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:93.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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