CG Sporthorses ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CG Sporthorses ApS
CG Sporthorses ApS (CVR number: 39867087) is a company from ODENSE. The company recorded a gross profit of 143.8 kDKK in 2024. The operating profit was -2.9 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CG Sporthorses ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 110.44 | 212.41 | 249.45 | 198.37 | 143.81 |
EBIT | -1.80 | 1.64 | 2.07 | 0.70 | -2.86 |
Net earnings | -2.29 | 1.01 | 1.23 | 0.74 | -2.52 |
Shareholders equity total | 55.50 | 56.51 | 57.74 | 58.48 | 55.96 |
Balance sheet total (assets) | 79.76 | 101.54 | 87.21 | 90.77 | 80.94 |
Net debt | -35.26 | -77.19 | -60.77 | -81.16 | -62.83 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.2 % | 1.8 % | 2.2 % | 1.1 % | -2.9 % |
ROE | -4.0 % | 1.8 % | 2.2 % | 1.3 % | -4.4 % |
ROI | -3.2 % | 2.9 % | 3.6 % | 1.6 % | -4.4 % |
Economic value added (EVA) | -4.70 | -1.15 | -0.77 | -2.20 | -5.79 |
Solvency | |||||
Equity ratio | 69.6 % | 55.7 % | 66.2 % | 64.4 % | 69.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.3 | 3.0 | 2.8 | 3.2 |
Current ratio | 3.3 | 2.3 | 3.0 | 2.8 | 3.2 |
Cash and cash equivalents | 35.26 | 77.19 | 60.77 | 81.16 | 62.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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