Cue to Cue APS — Credit Rating and Financial Key Figures

CVR number: 39928116
Hejrevej 7, 2970 Hørsholm

Credit rating

Company information

Official name
Cue to Cue APS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales8.399.5412.8428.97
Gross profit-7.459.376.41-6.0340.73
EBIT-7.459.376.41-8.626.13
Net earnings-9.937.384.16-10.374.59
Shareholders equity total10.0717.4541.6433.7944.59
Balance sheet total (assets)10.0717.5641.6477.9584.94
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)-7.459.376.41-8.678.23
Solvency
Equity ratio100.0 %99.4 %100.0 %43.3 %52.5 %
Gearing89.7 %
Relative net indebtedness %-120.0 %-181.3 %-317.2 %-108.0 %
Liquidity
Quick ratio154.01.82.1
Current ratio154.01.82.1
Cash and cash equivalents10.0717.4140.7375.4584.94
Capital use efficiency
Trade debtors turnover (days)5.7
Net working capital %120.0 %182.9 %324.3 %116.6 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:7.53%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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