Devoteam Cloud Services A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 319.69 | 875.37 | - 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 | -1 003.22 | 31.82 | - 338.91 | - 396.45 |
Balance sheet total (assets) | 548.66 | 2 190.05 | 3 422.27 | 7 548.68 | 591.26 |
Net debt | 833.65 | 477.08 | 269.13 | 4 195.13 | 280.37 |
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 ratio | 0.4 | 0.7 | 1.0 | 1.0 | 0.6 |
Current ratio | 0.4 | 0.7 | 1.0 | 1.0 | 0.6 |
Cash and cash equivalents | 1 373.73 | 970.88 | 2 391.52 | 545.10 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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