CASSO TECHNOLOGY ApS — Credit Rating and Financial Key Figures

CVR number: 34228841
Blokken 88, 3460 Birkerød
info@cassotechnology.dk
tel: 51803051

Credit rating

Company information

Official name
CASSO TECHNOLOGY ApS
Personnel
2 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About CASSO TECHNOLOGY ApS

CASSO TECHNOLOGY ApS (CVR number: 34228841) is a company from RUDERSDAL. The company recorded a gross profit of 1291.9 kDKK in 2023. The operating profit was 339.4 kDKK, while net earnings were 260.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 67.3 %, which can be considered excellent and Return on Equity (ROE) was 102.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.1 %, 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. CASSO TECHNOLOGY ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 170.371 503.001 390.981 317.631 291.87
EBIT299.12601.6171.27- 226.36339.44
Net earnings225.73460.4029.61- 175.19260.63
Shareholders equity total191.74541.53458.15168.56340.70
Balance sheet total (assets)774.271 150.711 366.26401.83606.81
Net debt- 181.11- 771.48266.385.6742.60
Profitability
EBIT-%
ROA45.1 %62.5 %5.7 %-25.6 %67.3 %
ROE169.9 %125.6 %5.9 %-55.9 %102.4 %
ROI70.4 %121.6 %9.0 %-38.5 %118.7 %
Economic value added (EVA)215.48462.8363.98- 179.15252.75
Solvency
Equity ratio24.8 %47.1 %33.5 %41.9 %56.1 %
Gearing116.5 %6.1 %116.4 %3.4 %12.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.50.71.40.9
Current ratio1.41.50.71.40.9
Cash and cash equivalents404.48804.72267.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:67.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.1%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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