Croptimate ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Croptimate ApS
Croptimate ApS (CVR number: 39500388) is a company from RUDERSDAL. The company recorded a gross profit of 81.2 kDKK in 2022. The operating profit was -22.3 kDKK, while net earnings were -18.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.2 %, which can be considered poor and Return on Equity (ROE) was -68.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. Croptimate ApS's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 73.50 | ||||
| Gross profit | -59.79 | 33.20 | 82.51 | 81.17 | 81.20 |
| EBIT | -59.92 | 32.96 | -29.43 | 41.23 | -22.33 |
| Net earnings | -46.83 | 24.71 | -23.53 | 31.99 | -18.56 |
| Shareholders equity total | 3.17 | 27.89 | 4.36 | 36.34 | 17.78 |
| Balance sheet total (assets) | 20.12 | 102.38 | 79.49 | 66.23 | 24.53 |
| Net debt | 0.93 | -58.23 | -7.39 | -16.80 | -7.41 |
| Profitability | |||||
| EBIT-% | 44.8 % | ||||
| ROA | -297.9 % | 53.8 % | -32.3 % | 56.6 % | -49.2 % |
| ROE | -1475.3 % | 159.1 % | -145.9 % | 157.2 % | -68.6 % |
| ROI | -755.9 % | 161.4 % | -127.5 % | 166.5 % | -82.5 % |
| Economic value added (EVA) | -46.74 | 25.74 | -21.57 | 32.75 | -18.59 |
| Solvency | |||||
| Equity ratio | 15.8 % | 27.2 % | 5.5 % | 54.9 % | 72.5 % |
| Gearing | 149.7 % | 18.1 % | 203.2 % | ||
| Relative net indebtedness % | 15.3 % | ||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.4 | 1.1 | 2.2 | 3.6 |
| Current ratio | 1.2 | 1.4 | 1.1 | 2.2 | 3.6 |
| Cash and cash equivalents | 3.83 | 63.27 | 16.25 | 16.80 | 7.41 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 152.1 | ||||
| Net working capital % | 37.9 % | ||||
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | B |
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