Cultivate Venture Aps — Credit Rating and Financial Key Figures

CVR number: 35806865
Ildvedvej 1, 7160 Tørring

Credit rating

Company information

Official name
Cultivate Venture Aps
Established
2014
Company form
Private limited company
Industry

About Cultivate Venture Aps

Cultivate Venture Aps (CVR number: 35806865) is a company from HEDENSTED. The company recorded a gross profit of -103.4 kDKK in 2023. The operating profit was -103.4 kDKK, while net earnings were 2329.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 128.9 %, which can be considered excellent and Return on Equity (ROE) was 142.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cultivate Venture Aps's liquidity measured by quick ratio was 4.7 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 sales137.47
Gross profit127.33121.23137.63-9.07- 103.39
EBIT127.33114.25137.63-9.07- 103.39
Net earnings98.9088.641 404.27-1 106.792 329.57
Shareholders equity total98.86132.551 660.31496.332 767.00
Balance sheet total (assets)138.85164.901 842.34685.982 945.65
Net debt-74.52- 160.13132.25189.64- 628.73
Profitability
EBIT-%92.6 %
ROA181.1 %75.2 %143.3 %-87.3 %128.9 %
ROE196.7 %76.6 %156.7 %-102.6 %142.8 %
ROI253.1 %98.7 %148.1 %-88.4 %129.3 %
Economic value added (EVA)99.4889.77108.4762.09-86.56
Solvency
Equity ratio71.2 %80.4 %90.1 %72.4 %93.9 %
Gearing9.0 %38.2 %6.0 %
Relative net indebtedness %-25.1 %
Liquidity
Quick ratio3.45.00.60.34.7
Current ratio3.45.00.60.34.7
Cash and cash equivalents74.52160.1317.750.02795.42
Capital use efficiency
Trade debtors turnover (days)159.4
Net working capital %68.8 %
Credit risk
Credit ratingBBBBABBBBBB

Variable visualization

ROA:128.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.9%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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