CUBES SOFTWARE DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 35802975
Jernbanepladsen 1, 2800 Kongens Lyngby
info@cubes-software.com
tel: 50502225
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Credit rating

Company information

Official name
CUBES SOFTWARE DANMARK A/S
Personnel
2 persons
Established
2014
Company form
Limited company
Industry

About CUBES SOFTWARE DANMARK A/S

CUBES SOFTWARE DANMARK A/S (CVR number: 35802975) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 3110.1 kDKK in 2024. The operating profit was 1486.4 kDKK, while net earnings were 1158 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55 %, which can be considered excellent and Return on Equity (ROE) was 100.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CUBES SOFTWARE DANMARK A/S's liquidity measured by quick ratio was 2 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 profit3 108.132 782.053 361.821 979.713 110.05
EBIT13.21502.05972.70- 664.881 486.37
Net earnings-11.79380.00751.31- 499.701 157.98
Shareholders equity total938.801 318.801 770.11570.411 728.39
Balance sheet total (assets)2 855.933 089.523 600.692 147.353 377.22
Net debt-1 633.79-2 127.22-2 574.69-1 197.56-1 964.75
Profitability
EBIT-%
ROA0.3 %17.6 %29.4 %-21.8 %55.0 %
ROE-0.7 %33.7 %48.6 %-42.7 %100.7 %
ROI0.8 %42.1 %61.4 %-52.2 %130.8 %
Economic value added (EVA)- 108.60336.23688.84- 610.301 115.61
Solvency
Equity ratio32.9 %42.7 %49.2 %26.6 %51.2 %
Gearing3.9 %1.7 %3.0 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.82.21.32.0
Current ratio1.31.82.21.32.0
Cash and cash equivalents1 670.182 127.222 604.071 214.711 970.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:55.0%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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