Cloud Software Group Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 21627909
Kalkbrænderiløbskaj 4, 2100 København Ø
tel: 39193401

Credit rating

Company information

Official name
Cloud Software Group Denmark ApS
Personnel
9 persons
Established
1999
Company form
Private limited company
Industry

About Cloud Software Group Denmark ApS

Cloud Software Group Denmark ApS (CVR number: 21627909) is a company from KØBENHAVN. The company recorded a gross profit of 29.8 mDKK in 2023. The operating profit was 3892.7 kDKK, while net earnings were 3091.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cloud Software Group Denmark ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit30 758.7238 723.4731 935.5332 711.7929 754.76
EBIT2 847.273 431.603 165.933 308.403 892.72
Net earnings2 640.891 404.382 375.502 425.863 091.41
Shareholders equity total208 635.09210 039.47212 414.97214 840.83217 932.24
Balance sheet total (assets)218 376.30226 657.55222 939.39224 329.35227 565.90
Net debt-2 356.87-6 353.31-12 860.96-3 311.70-1 620.19
Profitability
EBIT-%
ROA1.6 %2.1 %1.4 %1.5 %1.7 %
ROE1.3 %0.7 %1.1 %1.1 %1.4 %
ROI1.6 %1.0 %1.5 %1.5 %1.8 %
Economic value added (EVA)1 674.391 567.001 873.382 206.962 314.41
Solvency
Equity ratio95.5 %92.7 %95.3 %95.8 %95.8 %
Gearing0.7 %1.0 %1.2 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.73.13.83.9
Current ratio3.02.73.13.83.9
Cash and cash equivalents3 787.618 470.3615 482.265 845.811 620.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:1.72%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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