Circuit Circus IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Circuit Circus IVS
Circuit Circus IVS (CVR number: 37499374) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2020, demonstrating a decline of -7.8 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 0 mDKK), while net earnings were -10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.2 %, 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. Circuit Circus IVS's liquidity measured by quick ratio was 3.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 20.68 | 96.89 | 195.69 | 286.32 | 263.86 |
Gross profit | 2.82 | 51.86 | 65.77 | 83.38 | 124.73 |
EBIT | 2.82 | 38.54 | 38.88 | 23.37 | 6.10 |
Net earnings | 2.20 | 30.06 | 30.33 | 17.59 | -10.85 |
Shareholders equity total | 5.53 | 43.19 | 85.44 | 101.25 | 90.40 |
Balance sheet total (assets) | 5.53 | 75.02 | 74.71 | 112.03 | 127.00 |
Net debt | -5.53 | -73.47 | -73.91 | -94.83 | - 126.20 |
Profitability | |||||
EBIT-% | 13.6 % | 39.8 % | 19.9 % | 8.2 % | 2.3 % |
ROA | 50.9 % | 95.7 % | 51.9 % | 25.0 % | 5.1 % |
ROE | 39.8 % | 123.4 % | 47.2 % | 18.8 % | -11.3 % |
ROI | 50.9 % | 158.2 % | 60.5 % | 25.0 % | 6.4 % |
Economic value added (EVA) | 2.82 | 30.06 | 27.73 | 17.10 | 4.01 |
Solvency | |||||
Equity ratio | 100.0 % | 57.6 % | 88.8 % | 90.4 % | 71.2 % |
Gearing | |||||
Relative net indebtedness % | -26.7 % | -43.0 % | -43.3 % | -29.4 % | -34.0 % |
Liquidity | |||||
Quick ratio | 2.4 | -6.9 | 10.4 | 3.4 | |
Current ratio | 2.4 | -6.9 | 10.4 | 3.4 | |
Cash and cash equivalents | 5.53 | 73.47 | 73.91 | 94.83 | 126.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 26.7 % | 44.6 % | 43.3 % | 35.4 % | 34.0 % |
Credit risk | |||||
Credit rating | B | B | B | BB | BB |
Variable visualization
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