C-TV Technology A/S — Credit Rating and Financial Key Figures

CVR number: 26636701
Porsvej 9, 9000 Aalborg
kontakt@c-tv.dk
tel: 98194569
www.c-tv.dk

Credit rating

Company information

Official name
C-TV Technology A/S
Personnel
8 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About C-TV Technology A/S

C-TV Technology A/S (CVR number: 26636701) is a company from AALBORG. The company recorded a gross profit of 5461.4 kDKK in 2023. The operating profit was 2705.1 kDKK, while net earnings were 2408.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 42.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.5 %, 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. C-TV Technology A/S's liquidity measured by quick ratio was 1.1 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 sales40 267.61
Gross profit5 320.496 867.636 441.645 741.515 461.44
EBIT2 952.564 376.213 830.153 326.552 705.07
Net earnings2 285.393 501.503 150.442 719.732 408.48
Shareholders equity total6 076.568 078.077 728.516 448.244 856.72
Balance sheet total (assets)17 595.1722 752.4117 792.4616 787.8411 988.89
Net debt4 518.051 473.85- 273.16472.091 836.83
Profitability
EBIT-%10.9 %
ROA21.2 %23.6 %20.5 %20.4 %19.9 %
ROE40.2 %49.5 %39.9 %38.4 %42.6 %
ROI30.3 %47.1 %47.0 %46.6 %41.4 %
Economic value added (EVA)2 030.052 956.762 595.452 242.462 120.50
Solvency
Equity ratio34.7 %35.5 %44.5 %40.8 %40.5 %
Gearing75.1 %18.3 %4.4 %9.4 %39.2 %
Relative net indebtedness %36.4 %
Liquidity
Quick ratio1.61.41.41.41.1
Current ratio2.01.51.81.61.7
Cash and cash equivalents43.093.14615.88132.2865.10
Capital use efficiency
Trade debtors turnover (days)68.0
Net working capital %19.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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