Devoteam Cloud Services A/S — Credit Rating and Financial Key Figures

CVR number: 25524403
Kampmannsgade 2, 1604 København V
info.dk@devoteam.com
tel: 20450700
https://dk.devoteam.com

Company information

Official name
Devoteam Cloud Services A/S
Personnel
1 person
Established
2000
Company form
Limited company
Industry

About Devoteam Cloud Services A/S

Devoteam Cloud Services A/S (CVR number: 25524403) is a company from KØBENHAVN. The company recorded a gross profit of -202.1 kDKK in 2023. The operating profit was -202.1 kDKK, while net earnings were -57.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Devoteam Cloud Services A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit319.69875.37- 559.89- 460.56- 202.11
EBIT- 504.01-59.40- 887.36- 460.56- 202.11
Net earnings- 343.96- 198.85- 734.97- 370.72-57.54
Shareholders equity total- 804.37-1 003.2231.82- 338.91- 396.45
Balance sheet total (assets)548.662 190.053 422.277 548.68591.26
Net debt833.65477.08269.134 195.13280.37
Profitability
EBIT-%
ROA-34.0 %-2.6 %-26.8 %-7.7 %-1.2 %
ROE-59.3 %-14.5 %-66.2 %-9.8 %-1.4 %
ROI-55.1 %-4.4 %-56.8 %-11.1 %-1.4 %
Economic value added (EVA)- 383.14-5.91- 572.69- 312.04-25.12
Solvency
Equity ratio-59.4 %-31.4 %0.9 %-4.3 %-40.1 %
Gearing-103.6 %-184.5 %3897.4 %-1943.5 %-208.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.71.01.00.6
Current ratio0.40.71.01.00.6
Cash and cash equivalents1 373.73970.882 391.52545.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.16%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-40.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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