CERO & ETAGE A/S

CVR number: 43838415
Industrivej 8, 8660 Skanderborg
tel: 87441410

Credit rating

Company information

Official name
CERO & ETAGE A/S
Personnel
14 persons
Established
1975
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CERO & ETAGE A/S

CERO & ETAGE A/S (CVR number: 43838415) is a company from SKANDERBORG. The company recorded a gross profit of 12.2 mDKK in 2023. The operating profit was 2632.1 kDKK, while net earnings were 2007.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CERO & ETAGE A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7 741.377 862.8311 785.7512 179.5812 192.96
EBIT1 825.281.994 578.843 951.052 632.13
Net earnings1 065.70-1 347.814 102.382 484.902 007.93
Shareholders equity total5 692.024 329.598 475.608 913.5810 913.56
Balance sheet total (assets)18 365.1918 066.2819 355.8427 009.9728 095.12
Net debt11 022.469 811.746 373.1711 889.249 487.17
Profitability
EBIT-%
ROA9.7 %-4.6 %29.8 %18.7 %12.1 %
ROE17.5 %-26.9 %64.1 %28.6 %20.3 %
ROI10.7 %-5.2 %36.6 %23.7 %16.0 %
Economic value added (EVA)1 282.71- 198.753 453.392 774.751 760.78
Solvency
Equity ratio31.0 %24.5 %44.7 %33.0 %38.8 %
Gearing194.1 %227.6 %77.9 %134.6 %90.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.90.50.6
Current ratio1.41.21.71.41.6
Cash and cash equivalents23.9242.14228.26109.51386.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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