Circle Energy 2020 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Circle Energy 2020 ApS
Circle Energy 2020 ApS (CVR number: 41663901) is a company from SKANDERBORG. The company recorded a gross profit of -6.6 kDKK in 2024. The operating profit was -6.6 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -19.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Circle Energy 2020 ApS's liquidity measured by quick ratio was 1.8 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 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 52.75 | -6.25 | -6.56 | |
EBIT | 27.88 | -6.25 | -6.56 | |
Net earnings | 20.22 | -2.12 | -8.35 | -8.96 |
Shareholders equity total | 60.22 | 58.10 | 49.75 | 40.79 |
Balance sheet total (assets) | 102.63 | 94.81 | 92.71 | 90.31 |
Net debt | -37.63 | -35.51 | -33.41 | -1.01 |
Profitability | ||||
EBIT-% | ||||
ROA | 27.2 % | -6.7 % | -7.2 % | |
ROE | 33.6 % | -3.6 % | -15.5 % | -19.8 % |
ROI | 46.3 % | -11.6 % | -14.5 % | |
Economic value added (EVA) | 21.75 | -3.03 | -9.17 | -9.06 |
Solvency | ||||
Equity ratio | 58.7 % | 61.3 % | 53.7 % | 45.2 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.4 | 2.6 | 2.2 | 1.8 |
Current ratio | 2.4 | 2.6 | 2.2 | 1.8 |
Cash and cash equivalents | 37.63 | 35.51 | 33.41 | 1.01 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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