CarbonCuts A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CarbonCuts A/S
CarbonCuts A/S (CVR number: 43461370) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -7555.2 kDKK in 2023. The operating profit was -12 mDKK, while net earnings were -12.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -72.8 %, which can be considered poor and Return on Equity (ROE) was -129.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CarbonCuts A/S's liquidity measured by quick ratio was 7.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 937.06 | -7 555.21 | |
EBIT | -1 394.14 | -12 017.75 | |
Net earnings | -1 331.54 | -12 252.93 | |
Shareholders equity total | 400.00 | - 931.54 | -13 184.47 |
Balance sheet total (assets) | 5 559.41 | 13 318.80 | |
Net debt | 1 030.28 | 12 737.43 | |
Profitability | |||
EBIT-% | |||
ROA | -21.5 % | -72.8 % | |
ROE | -22.3 % | -129.8 % | |
ROI | -22.2 % | -76.0 % | |
Economic value added (EVA) | -1 342.66 | -12 083.97 | |
Solvency | |||
Equity ratio | 100.0 % | -14.4 % | -49.7 % |
Gearing | -655.1 % | -192.3 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 13.2 | 7.3 | |
Current ratio | 13.2 | 7.3 | |
Cash and cash equivalents | 5 072.56 | 12 610.13 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | B |
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