CINQ ApS — Credit Rating and Financial Key Figures

CINQ ApS (CVR number: 31349249) is a company from DRAGØR. The company recorded a gross profit of 0.6 kDKK in 2020. The operating profit was 0.6 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -12.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CINQ ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.