CLOUDLESS IVS — Credit Rating and Financial Key Figures

CVR number: 38680722
Søren Frichs Vej 55 R, 8230 Åbyhøj
km@cloudless.dk

Company information

Official name
CLOUDLESS IVS
Established
2017
Company form
Entrepreneurial limited company
Industry

About CLOUDLESS IVS

CLOUDLESS IVS (CVR number: 38680722) is a company from AARHUS. The company recorded a gross profit of -13.1 kDKK in 2018. The operating profit was -13.1 kDKK, while net earnings were -13.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.8 %, which can be considered poor and Return on Equity (ROE) was -111.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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. CLOUDLESS IVS's liquidity measured by quick ratio was 2.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
Volume
Net sales
Gross profit20.08-13.10
EBIT20.08-13.10
Net earnings16.34-13.12
Shareholders equity total18.345.22
Balance sheet total (assets)30.119.14
Net debt-26.11-9.14
Profitability
EBIT-%
ROA66.7 %-66.8 %
ROE89.1 %-111.4 %
ROI109.5 %-111.2 %
Economic value added (EVA)16.58-12.50
Solvency
Equity ratio60.9 %57.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.62.3
Current ratio2.62.3
Cash and cash equivalents26.119.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-66.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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