Cigno Group A/S — Credit Rating and Financial Key Figures

Cigno Group A/S (CVR number: 39996170) is a company from ODENSE. The company recorded a gross profit of -53.9 kDKK in 2023. The operating profit was -53.9 kDKK, while net earnings were -2150.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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. Cigno Group A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.