Credit rating
Company information
About Curtec Nordics ApS
Curtec Nordics ApS (CVR number: 40044345) is a company from KØBENHAVN. The company recorded a gross profit of -142.1 kDKK in 2021. The operating profit was -142.1 kDKK, while net earnings were -142.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -132 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.7 %, 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. Curtec Nordics ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 294.40 | - 119.13 | - 142.11 |
EBIT | - 966.45 | - 118.65 | - 142.11 |
Net earnings | - 968.74 | - 118.56 | - 142.20 |
Shareholders equity total | - 918.74 | -1 037.29 | -1 179.49 |
Balance sheet total (assets) | 191.48 | 83.89 | 131.61 |
Net debt | 881.64 | 988.03 | 1 133.20 |
Profitability | |||
EBIT-% | |||
ROA | -87.1 % | -10.6 % | -11.7 % |
ROE | -505.9 % | -86.1 % | -132.0 % |
ROI | -90.7 % | -11.1 % | -12.5 % |
Economic value added (EVA) | - 966.45 | -63.27 | -86.13 |
Solvency | |||
Equity ratio | 76.4 % | 32.9 % | 25.7 % |
Gearing | -115.9 % | -102.7 % | -102.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 4.2 | 1.5 | 1.3 |
Current ratio | 4.2 | 1.5 | 1.3 |
Cash and cash equivalents | 183.36 | 76.86 | 80.15 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | C | B |
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