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 437.3 kDKK in 2024. The operating profit was -13.1 kDKK, while net earnings were -13.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -19.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CSE Projects ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 528.25 | 462.50 | |||
Gross profit | 410.74 | 311.91 | 507.65 | 447.17 | 437.31 |
EBIT | 115.82 | 1.12 | 28.74 | 6.26 | -13.09 |
Net earnings | 104.85 | -1.53 | 20.91 | 1.01 | -13.19 |
Shareholders equity total | 133.09 | 65.56 | 86.48 | 75.49 | 62.30 |
Balance sheet total (assets) | 383.65 | 157.46 | 288.83 | 138.64 | 205.54 |
Net debt | - 377.39 | - 155.79 | - 189.16 | -72.56 | - 193.56 |
Profitability | |||||
EBIT-% | 21.9 % | 0.2 % | |||
ROA | 47.6 % | 0.4 % | 12.9 % | 2.9 % | -7.6 % |
ROE | 130.0 % | -1.5 % | 27.5 % | 1.2 % | -19.1 % |
ROI | 133.2 % | 1.1 % | 37.8 % | 7.7 % | -18.9 % |
Economic value added (EVA) | 104.04 | -5.88 | 18.70 | 1.91 | -16.88 |
Solvency | |||||
Equity ratio | 34.7 % | 41.6 % | 35.1 % | 54.4 % | 30.3 % |
Gearing | 4.7 % | ||||
Relative net indebtedness % | -25.2 % | -13.8 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.8 | 2.2 | 1.4 |
Current ratio | 1.5 | 1.7 | 1.4 | 2.2 | 1.4 |
Cash and cash equivalents | 383.65 | 155.79 | 189.16 | 72.56 | 193.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.3 | ||||
Net working capital % | 25.2 % | 14.2 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
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