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

CVR number: 39996170
Langelinie 183, Hjallese 5230 Odense M
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Credit rating

Company information

Official name
Cigno Group A/S
Established
2018
Domicile
Hjallese
Company form
Limited company
Industry

About Cigno Group A/S

Cigno Group A/S (CVR number: 39996170) is a company from ODENSE. The company recorded a gross profit of -10 kDKK in 2024. The operating profit was -10 kDKK, while net earnings were -10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -48.3 %, which can be considered poor and Return on Equity (ROE) was -73.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. Cigno Group A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.18-10.00-10.00-53.93-10.00
EBIT-10.18-10.00-10.00-53.93-10.00
Net earnings-1 465.86-2 102.741 580.96-2 150.64-10 364.65
Shareholders equity total24 038.1719 935.4321 516.3819 365.749 001.09
Balance sheet total (assets)29 664.2827 137.3927 868.3427 355.4715 127.14
Net debt4 031.037 024.966 044.967 969.736 106.05
Profitability
EBIT-%
ROA-5.2 %-7.0 %6.1 %-7.5 %-48.3 %
ROE-5.9 %-9.6 %7.6 %-10.5 %-73.1 %
ROI-5.2 %-7.1 %6.2 %-7.5 %-48.3 %
Economic value added (EVA)-1 347.71-1 497.07-1 362.56-1 427.02-1 381.41
Solvency
Equity ratio81.0 %73.5 %77.2 %70.8 %59.5 %
Gearing16.8 %35.2 %28.1 %41.2 %67.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.90.90.50.0
Current ratio0.10.90.90.50.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-48.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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