CYANIT ApS — Credit Rating and Financial Key Figures

CVR number: 26638720
Vesterballevej 5, Snoghøj 7000 Fredericia
cyanit@cyanit.dk
tel: 76200995
cyanit.dk

Credit rating

Company information

Official name
CYANIT ApS
Personnel
5 persons
Established
2002
Domicile
Snoghøj
Company form
Private limited company
Industry

About CYANIT ApS

CYANIT ApS (CVR number: 26638720) is a company from FREDERICIA. The company recorded a gross profit of 7754.4 kDKK in 2022. The operating profit was 3574.4 kDKK, while net earnings were 2841.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.7 %, which can be considered excellent and Return on Equity (ROE) was 107.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CYANIT ApS's liquidity measured by quick ratio was 4.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit3 454.502 803.194 424.714 593.947 754.41
EBIT1 032.92719.611 925.251 517.473 574.38
Net earnings839.35578.401 521.631 263.422 841.45
Shareholders equity total1 319.581 047.982 069.611 833.033 474.48
Balance sheet total (assets)2 385.422 119.154 004.824 053.564 676.28
Net debt- 380.59- 226.06-50.32- 164.04- 244.38
Profitability
EBIT-%
ROA40.9 %33.2 %64.5 %40.5 %83.7 %
ROE60.0 %48.9 %97.6 %64.7 %107.1 %
ROI77.2 %63.1 %126.7 %83.6 %137.7 %
Economic value added (EVA)745.33511.981 454.761 080.232 702.16
Solvency
Equity ratio55.3 %49.5 %51.7 %45.2 %74.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.11.61.92.04.9
Current ratio2.11.61.92.04.9
Cash and cash equivalents380.59226.0650.32164.04244.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:83.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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