Cue to Cue APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cue to Cue APS
Cue to Cue APS (CVR number: 39928116) is a company from HØRSHOLM. The company recorded a gross profit of 40.7 kDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit was 6.1 kDKK, while net earnings were 4.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. Cue to Cue APS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8.39 | 9.54 | 12.84 | 28.97 | |
Gross profit | -7.45 | 9.37 | 6.41 | -6.03 | 40.73 |
EBIT | -7.45 | 9.37 | 6.41 | -8.62 | 6.13 |
Net earnings | -9.93 | 7.38 | 4.16 | -10.37 | 4.59 |
Shareholders equity total | 10.07 | 17.45 | 41.64 | 33.79 | 44.59 |
Balance sheet total (assets) | 10.07 | 17.56 | 41.64 | 77.95 | 84.94 |
Net debt | -10.07 | -17.41 | -40.73 | -75.45 | -44.94 |
Profitability | |||||
EBIT-% | -88.7 % | 98.2 % | 49.9 % | -29.8 % | |
ROA | -73.9 % | 67.8 % | 21.6 % | -14.4 % | 7.5 % |
ROE | -98.6 % | 53.6 % | 14.1 % | -27.5 % | 11.7 % |
ROI | -73.9 % | 68.1 % | 21.7 % | -22.9 % | 10.4 % |
Economic value added (EVA) | -7.45 | 9.37 | 6.41 | -8.67 | 8.23 |
Solvency | |||||
Equity ratio | 100.0 % | 99.4 % | 100.0 % | 43.3 % | 52.5 % |
Gearing | 89.7 % | ||||
Relative net indebtedness % | -120.0 % | -181.3 % | -317.2 % | -108.0 % | |
Liquidity | |||||
Quick ratio | 154.0 | 1.8 | 2.1 | ||
Current ratio | 154.0 | 1.8 | 2.1 | ||
Cash and cash equivalents | 10.07 | 17.41 | 40.73 | 75.45 | 84.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.7 | ||||
Net working capital % | 120.0 % | 182.9 % | 324.3 % | 116.6 % | |
Credit risk | |||||
Credit rating | B | B | BB | B | B |
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