CARTIME TECHNOLOGIES A/S — Credit Rating and Financial Key Figures

CVR number: 26346258
Bernhard Bangs Alle 24, 2000 Frederiksberg
mbs@parkpark.dk
tel: 72300200
www.cartimetechnologies.com

Company information

Official name
CARTIME TECHNOLOGIES A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry

About CARTIME TECHNOLOGIES A/S

CARTIME TECHNOLOGIES A/S (CVR number: 26346258) is a company from FREDERIKSBERG. The company recorded a gross profit of -74.4 kDKK in 2024. The operating profit was -314.4 kDKK, while net earnings were -3752.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -105.6 %, which can be considered poor and Return on Equity (ROE) was -112 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CARTIME TECHNOLOGIES A/S's liquidity measured by quick ratio was 0.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 166.741 784.371 299.08- 545.57-74.42
EBIT-2 758.61- 443.32- 915.30-9 233.81- 314.42
Net earnings-2 194.22127.23- 435.32-11 798.80-3 752.26
Shareholders equity total5 933.746 060.978 525.654 226.852 474.59
Balance sheet total (assets)6 848.506 982.398 935.524 405.372 701.19
Net debt-3 523.57-1 093.90- 847.97-1 939.93-17.43
Profitability
EBIT-%
ROA-58.2 %-6.4 %-11.5 %-176.9 %-105.6 %
ROE-54.4 %2.1 %-6.0 %-185.0 %-112.0 %
ROI-67.7 %-7.4 %-12.5 %-185.0 %-110.7 %
Economic value added (EVA)-1 754.61474.79113.90-8 376.44915.50
Solvency
Equity ratio86.6 %86.8 %95.4 %95.9 %91.6 %
Gearing3.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.61.93.611.30.5
Current ratio4.61.93.611.30.5
Cash and cash equivalents3 523.571 093.90847.971 939.9397.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-105.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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