Cyan Renewables AC1 ApS — Credit Rating and Financial Key Figures

Cyan Renewables AC1 ApS (CVR number: 43958496) is a company from ESBJERG. The company recorded a gross profit of 17.3 mDKK in 2023. The operating profit was 4912.5 kDKK, while net earnings were -651.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.6 %, 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. Cyan Renewables AC1 ApS's liquidity measured by quick ratio was 1.1 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.