Cross Company ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cross Company ApS
Cross Company ApS (CVR number: 41964804) is a company from LEMVIG. The company recorded a gross profit of 86.5 kDKK in 2023. The operating profit was 40.9 kDKK, while net earnings were -8.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -36 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Cross Company ApS's liquidity measured by quick ratio was 1.6 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 77.85 | 61.26 | 86.54 |
EBIT | -2.34 | 16.44 | 40.86 |
Net earnings | -4.71 | -8.34 | -8.23 |
Shareholders equity total | 35.29 | 26.95 | 18.72 |
Balance sheet total (assets) | 49.47 | 49.27 | 47.98 |
Net debt | -35.58 | 2.84 | -24.41 |
Profitability | |||
EBIT-% | |||
ROA | 6.4 % | 4.7 % | 1.8 % |
ROE | -13.4 % | -26.8 % | -36.0 % |
ROI | 8.3 % | 6.0 % | 3.0 % |
Economic value added (EVA) | -2.34 | 12.97 | 33.15 |
Solvency | |||
Equity ratio | 71.3 % | 54.7 % | 39.0 % |
Gearing | 7.1 % | 44.9 % | 0.1 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 3.1 | 0.4 | 1.6 |
Current ratio | 3.5 | 0.4 | 1.6 |
Cash and cash equivalents | 38.08 | 9.27 | 24.43 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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