CLARUS IT A/S — Credit Rating and Financial Key Figures

CVR number: 21623296
Skovdalsvej 2 A, 8300 Odder
mh@clarus.dk
tel: 70232200

Credit rating

Company information

Official name
CLARUS IT A/S
Personnel
4 persons
Established
1999
Company form
Limited company
Industry

About CLARUS IT A/S

CLARUS IT A/S (CVR number: 21623296) is a company from ODDER. The company recorded a gross profit of 1234.4 kDKK in 2023. The operating profit was -514.8 kDKK, while net earnings were -427.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -124.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CLARUS IT A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 880.802 031.14954.501 789.451 234.35
EBIT859.37575.65- 353.41204.63- 514.80
Net earnings613.99433.43- 311.00118.54- 427.16
Shareholders equity total825.611 259.0448.04166.58521.42
Balance sheet total (assets)3 272.033 836.115 102.875 768.903 970.83
Net debt752.321 165.482 792.723 493.921 675.34
Profitability
EBIT-%
ROA25.2 %16.2 %-7.9 %3.7 %-10.5 %
ROE85.4 %41.6 %-47.6 %110.5 %-124.2 %
ROI34.8 %23.3 %-10.9 %4.7 %-13.8 %
Economic value added (EVA)681.49448.98- 330.95196.96- 358.77
Solvency
Equity ratio25.2 %32.8 %0.9 %2.9 %13.1 %
Gearing161.8 %116.2 %7799.8 %2818.4 %390.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.20.80.80.8
Current ratio1.41.51.01.01.1
Cash and cash equivalents583.21297.24954.051 200.93363.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-10.5%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.1%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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