CVATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CVATION A/S
CVATION A/S (CVR number: 35633162) is a company from KØBENHAVN. The company reported a net sales of 135.6 mDKK in 2024, demonstrating a growth of 23.4 % compared to the previous year. The operating profit percentage was at 24.5 % (EBIT: 33.3 mDKK), while net earnings were 25.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 71.2 %, which can be considered excellent and Return on Equity (ROE) was 90.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CVATION A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 86.32 | 103.89 | 109.89 | 135.58 | |
Gross profit | 51.14 | 65.85 | 90.08 | 93.91 | 112.27 |
EBIT | 7.64 | 4.44 | 32.62 | 29.61 | 33.28 |
Net earnings | -13.42 | 5.47 | 25.15 | 22.94 | 25.82 |
Shareholders equity total | 3.98 | 9.45 | 23.44 | 25.58 | 31.25 |
Balance sheet total (assets) | 34.34 | 35.67 | 42.73 | 42.77 | 51.97 |
Net debt | 13.00 | -7.24 | -28.03 | -14.33 | -16.19 |
Profitability | |||||
EBIT-% | 5.1 % | 31.4 % | 26.9 % | 24.5 % | |
ROA | 4.9 % | 30.4 % | 83.5 % | 70.0 % | 71.2 % |
ROE | -125.5 % | 81.5 % | 152.9 % | 93.6 % | 90.9 % |
ROI | 8.0 % | 59.3 % | 160.5 % | 121.6 % | 118.0 % |
Economic value added (EVA) | 7.61 | 3.20 | 25.87 | 22.70 | 24.71 |
Solvency | |||||
Equity ratio | 11.6 % | 26.5 % | 54.9 % | 59.8 % | 60.1 % |
Gearing | 346.7 % | 77.8 % | 0.6 % | 0.3 % | 0.9 % |
Relative net indebtedness % | 13.0 % | -8.6 % | 2.5 % | 3.1 % | |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 2.1 | 2.4 | 2.4 |
Current ratio | 1.0 | 1.2 | 2.1 | 2.4 | 2.4 |
Cash and cash equivalents | 0.80 | 14.59 | 28.16 | 14.41 | 16.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.2 | 38.7 | 70.8 | 71.5 | |
Net working capital % | 7.4 % | 20.9 % | 21.5 % | 21.1 % | |
Credit risk | |||||
Credit rating | BB | A | BBB | BBB | BBB |
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