CARGO 2000 GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 31888816
Hans Broges Gade 2, 8000 Aarhus C

Company information

Official name
CARGO 2000 GROUP A/S
Established
2008
Company form
Limited company
Industry

About CARGO 2000 GROUP A/S

CARGO 2000 GROUP A/S (CVR number: 31888816) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CARGO 2000 GROUP A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit1.20- 175.72-71.42
EBIT1.20- 175.72-71.42
Net earnings924.294 050.2323.21
Shareholders equity total6 204.035 071.954 095.16
Balance sheet total (assets)6 221.565 099.854 128.06
Net debt-2 355.42-5 013.40-4 052.41
Profitability
EBIT-%
ROA14.8 %75.6 %0.7 %
ROE14.9 %71.8 %0.5 %
ROI14.9 %75.8 %0.7 %
Economic value added (EVA)1.20- 176.50-58.00-1.50
Solvency
Equity ratio99.7 %99.5 %99.2 %
Gearing0.2 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio136.6182.8125.5
Current ratio136.6182.8125.5
Cash and cash equivalents2 368.325 026.304 065.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBB

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