CARTIME TECHNOLOGIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 166.74 | 1 784.37 | 1 299.08 | - 545.57 | -74.42 |
EBIT | -2 758.61 | - 443.32 | - 915.30 | -9 233.81 | - 314.42 |
Net earnings | -2 194.22 | 127.23 | - 435.32 | -11 798.80 | -3 752.26 |
Shareholders equity total | 5 933.74 | 6 060.97 | 8 525.65 | 4 226.85 | 2 474.59 |
Balance sheet total (assets) | 6 848.50 | 6 982.39 | 8 935.52 | 4 405.37 | 2 701.19 |
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) | -1 754.61 | 474.79 | 113.90 | -8 376.44 | 915.50 |
Solvency | |||||
Equity ratio | 86.6 % | 86.8 % | 95.4 % | 95.9 % | 91.6 % |
Gearing | 3.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.6 | 1.9 | 3.6 | 11.3 | 0.5 |
Current ratio | 4.6 | 1.9 | 3.6 | 11.3 | 0.5 |
Cash and cash equivalents | 3 523.57 | 1 093.90 | 847.97 | 1 939.93 | 97.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | B | BB |
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