CLARITY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CLARITY ApS
CLARITY ApS (CVR number: 21107085) is a company from HØRSHOLM. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -38.7 % compared to the previous year. The operating profit percentage was poor at -23.3 % (EBIT: -0.1 mDKK), while net earnings were -60.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CLARITY ApS's liquidity measured by quick ratio was 4.6 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 | 654.43 | 303.56 | 356.46 | 429.22 | 263.00 |
Gross profit | 541.65 | 187.25 | 238.07 | 315.12 | 142.62 |
EBIT | 154.45 | 11.13 | -33.41 | - 244.59 | -61.26 |
Net earnings | 129.17 | 5.16 | -35.70 | -32.21 | -60.67 |
Shareholders equity total | 540.28 | 740.22 | 592.34 | 378.57 | 317.90 |
Balance sheet total (assets) | 728.35 | 937.96 | 708.55 | 379.70 | 405.64 |
Net debt | - 240.40 | - 308.98 | - 139.04 | - 130.40 | - 238.20 |
Profitability | |||||
EBIT-% | 23.6 % | 3.7 % | -9.4 % | -57.0 % | -23.3 % |
ROA | 24.4 % | 1.3 % | -4.1 % | -7.8 % | -15.4 % |
ROE | 29.8 % | 0.8 % | -5.4 % | -6.6 % | -17.4 % |
ROI | 35.6 % | 1.7 % | -5.0 % | -8.8 % | -17.4 % |
Economic value added (EVA) | 124.19 | 2.90 | -34.82 | - 194.37 | -69.18 |
Solvency | |||||
Equity ratio | 74.2 % | 78.9 % | 83.6 % | 99.7 % | 78.4 % |
Gearing | |||||
Relative net indebtedness % | -8.0 % | -36.6 % | -6.4 % | -30.1 % | -57.2 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.2 | 3.7 | 334.5 | 4.6 |
Current ratio | 2.2 | 2.2 | 3.7 | 334.5 | 4.6 |
Cash and cash equivalents | 240.40 | 308.98 | 139.04 | 130.40 | 238.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 32.0 % | 70.7 % | 86.4 % | 88.2 % | 100.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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