CSE Projects ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CSE Projects ApS
CSE Projects ApS (CVR number: 36403918) is a company from AARHUS. The company recorded a gross profit of 464.3 kDKK in 2023. The operating profit was 6.3 kDKK, while net earnings were 1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CSE Projects ApS's liquidity measured by quick ratio was 2.2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 228.67 | 528.25 | 462.50 | ||
Gross profit | 176.81 | 410.74 | 311.91 | 507.65 | 464.34 |
EBIT | -40.80 | 115.82 | 1.12 | 28.74 | 6.26 |
Net earnings | -40.80 | 104.85 | -1.53 | 20.91 | 1.01 |
Shareholders equity total | 28.25 | 133.09 | 65.56 | 86.48 | 75.49 |
Balance sheet total (assets) | 102.73 | 383.65 | 157.46 | 288.83 | 138.64 |
Net debt | -69.29 | - 377.39 | - 155.79 | - 189.16 | -72.56 |
Profitability | |||||
EBIT-% | -17.8 % | 21.9 % | 0.2 % | ||
ROA | -38.8 % | 47.6 % | 0.4 % | 12.9 % | 2.9 % |
ROE | -83.9 % | 130.0 % | -1.5 % | 27.5 % | 1.2 % |
ROI | -74.1 % | 133.2 % | 1.1 % | 37.8 % | 7.7 % |
Economic value added (EVA) | -40.53 | 108.15 | 13.71 | 26.53 | 11.42 |
Solvency | |||||
Equity ratio | 27.5 % | 34.7 % | 41.6 % | 35.1 % | 54.4 % |
Gearing | 22.1 % | 4.7 % | |||
Relative net indebtedness % | -0.5 % | -25.2 % | -13.8 % | ||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 1.7 | 1.8 | 2.2 |
Current ratio | 1.4 | 1.5 | 1.7 | 1.4 | 2.2 |
Cash and cash equivalents | 75.54 | 383.65 | 155.79 | 189.16 | 72.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.4 | 1.3 | |||
Net working capital % | 12.4 % | 25.2 % | 14.2 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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