CB Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CB Development ApS
CB Development ApS (CVR number: 40743731) is a company from HØRSHOLM. The company recorded a gross profit of -149.5 kDKK in 2024. The operating profit was -182.9 kDKK, while net earnings were -239.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.4 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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. CB Development ApS's liquidity measured by quick ratio was 2.1 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 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -19.01 | - 100.08 | - 159.26 | - 149.51 | |
EBIT | -14.70 | -19.01 | - 122.36 | - 192.68 | - 182.93 |
Net earnings | -15.91 | -28.68 | - 137.18 | - 168.08 | - 239.42 |
Shareholders equity total | 1 474.33 | 1 445.64 | 1 308.46 | 1 102.72 | 880.28 |
Balance sheet total (assets) | 1 491.83 | 1 470.40 | 1 538.41 | 1 330.74 | 1 862.13 |
Net debt | -1 491.83 | -1 393.94 | -1 119.39 | - 695.38 | 658.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.9 % | -1.3 % | -6.3 % | -11.7 % | -11.4 % |
ROE | -1.1 % | -2.0 % | -10.0 % | -13.9 % | -24.1 % |
ROI | -0.9 % | -1.3 % | -6.3 % | -11.9 % | -11.6 % |
Economic value added (EVA) | - 112.15 | -93.10 | - 195.51 | - 268.98 | - 248.92 |
Solvency | |||||
Equity ratio | 98.8 % | 98.3 % | 85.1 % | 82.9 % | 47.3 % |
Gearing | 0.7 % | 16.0 % | 19.1 % | 107.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 85.2 | 56.8 | 5.8 | 4.0 | 2.1 |
Current ratio | 85.2 | 56.8 | 5.8 | 4.0 | 2.1 |
Cash and cash equivalents | 1 491.83 | 1 403.94 | 1 329.39 | 905.78 | 290.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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