CYLOCK ApS — Credit Rating and Financial Key Figures

CYLOCK ApS (CVR number: 38899546) is a company from HEDENSTED. The company recorded a gross profit of -455.6 kDKK in 2023. The operating profit was -1787.6 kDKK, while net earnings were -1787.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -81 %, which can be considered poor and Return on Equity (ROE) was -194 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -95.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CYLOCK ApS's liquidity measured by quick ratio was 1.6 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.