COMPOSITE LAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COMPOSITE LAB ApS
COMPOSITE LAB ApS (CVR number: 31417732) is a company from SYDDJURS. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 11.4 % compared to the previous year. The operating profit percentage was at 13 % (EBIT: 0.1 mDKK), while net earnings were 88.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. COMPOSITE LAB ApS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 006.14 | 971.75 | 849.88 | 788.40 | 878.13 |
Gross profit | 715.65 | 725.07 | 604.74 | 591.81 | 693.29 |
EBIT | - 113.84 | 203.98 | -25.40 | -2.25 | 114.56 |
Net earnings | -88.78 | 157.09 | -22.15 | -4.28 | 88.76 |
Shareholders equity total | 216.07 | 320.27 | 298.12 | 293.84 | 323.70 |
Balance sheet total (assets) | 251.13 | 579.05 | 503.70 | 759.25 | 636.25 |
Net debt | - 223.04 | - 579.05 | -17.15 | - 484.96 | - 334.88 |
Profitability | |||||
EBIT-% | -11.3 % | 21.0 % | -3.0 % | -0.3 % | 13.0 % |
ROA | -27.3 % | 49.1 % | -4.7 % | -0.4 % | 16.4 % |
ROE | -34.1 % | 58.6 % | -7.2 % | -1.4 % | 28.7 % |
ROI | -43.0 % | 74.9 % | -8.2 % | -0.8 % | 37.1 % |
Economic value added (EVA) | -82.92 | 159.46 | -6.81 | -15.88 | 98.96 |
Solvency | |||||
Equity ratio | 86.0 % | 55.3 % | 59.2 % | 38.7 % | 50.9 % |
Gearing | |||||
Relative net indebtedness % | -19.5 % | -33.0 % | 22.2 % | -2.5 % | -2.5 % |
Liquidity | |||||
Quick ratio | 9.4 | 2.2 | 2.5 | 1.6 | 2.0 |
Current ratio | 9.4 | 2.2 | 2.5 | 1.6 | 2.0 |
Cash and cash equivalents | 223.04 | 579.05 | 17.15 | 484.96 | 334.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 206.3 | 123.5 | 122.2 | ||
Net working capital % | 22.3 % | 33.0 % | 35.1 % | 37.3 % | 36.9 % |
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
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