CRYSTAL ART SOFTWARE ApS — Credit Rating and Financial Key Figures

CVR number: 28861931
Papirøen 61, 1436 København K
simon@timeinfo.com
tel: 29726834

Credit rating

Company information

Official name
CRYSTAL ART SOFTWARE ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About CRYSTAL ART SOFTWARE ApS

CRYSTAL ART SOFTWARE ApS (CVR number: 28861931) is a company from KØBENHAVN. The company recorded a gross profit of 2358 kDKK in 2024. The operating profit was 756.1 kDKK, while net earnings were -1163.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.5 %, 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. CRYSTAL ART SOFTWARE ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 691.263 694.183 146.723 899.932 358.01
EBIT4 632.552 495.632 484.633 082.59756.07
Net earnings3 431.831 808.491 473.86910.49-1 163.28
Shareholders equity total4 095.375 903.867 377.718 288.207 124.92
Balance sheet total (assets)9 798.1819 860.8439 004.9350 157.6652 702.77
Net debt- 119.1211 200.9228 067.1739 033.1443 230.63
Profitability
EBIT-%
ROA63.1 %19.9 %8.7 %7.2 %1.7 %
ROE80.7 %36.2 %22.2 %11.6 %-15.1 %
ROI80.5 %23.0 %9.5 %7.6 %1.7 %
Economic value added (EVA)3 317.031 771.88882.25586.74-1 721.15
Solvency
Equity ratio41.8 %29.7 %18.9 %16.5 %13.5 %
Gearing1.6 %196.8 %387.4 %481.4 %615.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.50.80.10.10.1
Current ratio4.50.80.10.10.1
Cash and cash equivalents182.85418.03510.50866.96598.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:1.66%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.5%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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