Cedas ApS — Credit Rating and Financial Key Figures

Cedas ApS (CVR number: 38682733) is a company from RANDERS. The company recorded a gross profit of 2599.7 kDKK in 2024. The operating profit was 324.6 kDKK, while net earnings were 223.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. Cedas ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.