Udviklingsselskabet Circular ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Udviklingsselskabet Circular ApS
Udviklingsselskabet Circular ApS (CVR number: 41250062) is a company from KØBENHAVN. The company recorded a gross profit of -95.2 kDKK in 2022. The operating profit was -3590.1 kDKK, while net earnings were -2659.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Udviklingsselskabet Circular ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -65.95 | -1 654.82 | -95.23 |
EBIT | - 801.59 | -2 942.23 | -3 590.12 |
Net earnings | - 643.21 | -5 877.41 | -2 659.20 |
Shareholders equity total | - 603.21 | -6 480.62 | -9 139.82 |
Balance sheet total (assets) | 706.74 | 28 196.93 | 50 312.25 |
Net debt | -61.46 | 19 733.05 | 51 070.56 |
Profitability | |||
EBIT-% | |||
ROA | -60.8 % | -16.3 % | -7.6 % |
ROE | -91.0 % | -40.7 % | -6.8 % |
ROI | -26.1 % | -9.0 % | |
Economic value added (EVA) | - 630.36 | -2 055.59 | -1 370.49 |
Solvency | |||
Equity ratio | -46.0 % | -18.7 % | -15.4 % |
Gearing | -310.1 % | -568.9 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.5 | 0.3 | 1.5 |
Current ratio | 0.5 | 0.3 | 1.5 |
Cash and cash equivalents | 61.46 | 363.20 | 929.44 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | BB | BBB |
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