Credit rating
Company information
About CIK 2 ApS
CIK 2 ApS (CVR number: 31075246) is a company from GENTOFTE. The company reported a net sales of 16.2 mDKK in 2023, demonstrating a decline of -16.1 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 0.9 mDKK), while net earnings were 893.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.5 %, 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. CIK 2 ApS's liquidity measured by quick ratio was 3.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21 503.70 | 24 712.09 | 14 893.64 | 19 263.21 | 16 163.52 |
Gross profit | 14 867.57 | 20 387.57 | 13 119.43 | 17 983.10 | 14 234.28 |
EBIT | 2 604.65 | 2 515.24 | 1 007.15 | 1 468.86 | 935.68 |
Net earnings | 2 002.25 | 1 934.71 | 932.66 | 1 260.46 | 893.29 |
Shareholders equity total | 6 151.31 | 4 086.02 | 3 018.68 | 4 279.14 | 5 172.44 |
Balance sheet total (assets) | 8 515.27 | 9 757.62 | 4 884.62 | 6 530.56 | 7 229.42 |
Net debt | - 830.12 | - 876.05 | -63.45 | 26.44 | - 202.55 |
Profitability | |||||
EBIT-% | 12.1 % | 10.2 % | 6.8 % | 7.6 % | 5.8 % |
ROA | 31.6 % | 27.5 % | 17.7 % | 28.4 % | 16.8 % |
ROE | 37.0 % | 37.8 % | 26.3 % | 34.5 % | 18.9 % |
ROI | 47.7 % | 47.8 % | 34.3 % | 42.6 % | 23.9 % |
Economic value added (EVA) | 1 927.13 | 1 687.22 | 620.23 | 999.34 | 514.34 |
Solvency | |||||
Equity ratio | 72.2 % | 41.9 % | 61.8 % | 65.5 % | 71.5 % |
Gearing | 0.1 % | 0.5 % | 2.0 % | 1.7 % | 2.0 % |
Relative net indebtedness % | 7.1 % | 19.3 % | 11.6 % | 11.4 % | 10.8 % |
Liquidity | |||||
Quick ratio | 3.6 | 1.8 | 2.8 | 3.1 | 3.8 |
Current ratio | 3.6 | 1.8 | 2.8 | 3.1 | 3.8 |
Cash and cash equivalents | 838.56 | 896.32 | 124.78 | 45.17 | 305.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.6 | 20.6 | 25.1 | 24.7 | 29.8 |
Net working capital % | 28.3 % | 16.7 % | 20.8 % | 22.5 % | 32.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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