Udviklingsselskabet Circular ApS

CVR number: 41250062
Grønningen 5, 1270 København K
philip@circularplasticsystems.com
tel: 27222072

Credit rating

Company information

Official name
Udviklingsselskabet Circular ApS
Personnel
16 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About the company

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202020212022
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)706.7428 196.9350 312.25
Net debt-61.4619 733.0551 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 ratio0.50.31.5
Current ratio0.50.31.5
Cash and cash equivalents61.46363.20929.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBB

Variable visualization

ROA:-7.55%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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