Cirqle R&D ApS — Credit Rating and Financial Key Figures

CVR number: 41742836
Ewaldsgade 3, 2200 København N
https://cirqle.org/
Free credit report Annual report

Company information

Official name
Cirqle R&D ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Cirqle R&D ApS

Cirqle R&D ApS (CVR number: 41742836) is a company from KØBENHAVN. The company recorded a gross profit of -518.1 kDKK in 2024. The operating profit was -1059.3 kDKK, while net earnings were -917.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -11.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cirqle R&D ApS's liquidity measured by quick ratio was 289.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 268.33-1 483.87-2 884.75- 136.82- 518.10
EBIT- 604.93-8 215.27-14 744.423 814.10-1 059.27
Net earnings4 475.03-8 348.24-14 789.584 948.48- 917.30
Shareholders equity total11 098.2118 025.413 235.838 184.307 267.00
Balance sheet total (assets)12 901.1920 565.775 571.238 443.057 292.20
Net debt405.60-12 066.99-3 062.23-1 263.21-19.27
Profitability
EBIT-%
ROA-4.7 %-49.1 %-112.8 %54.4 %-11.6 %
ROE40.3 %-57.3 %-139.1 %86.7 %-11.9 %
ROI-5.3 %-52.2 %-117.4 %56.8 %-11.8 %
Economic value added (EVA)- 429.50-8 793.34-15 747.074 689.86-1 474.15
Solvency
Equity ratio86.0 %87.6 %58.1 %96.9 %99.7 %
Gearing3.7 %10.7 %59.6 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.05.82.348.2289.2
Current ratio3.05.82.348.2289.2
Cash and cash equivalents13 994.804 990.271 335.2119.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-11.6%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

Companies in the same industry

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