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CCTV NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CCTV NORDIC A/S
CCTV NORDIC A/S (CVR number: 35485392) is a company from KOLDING. The company recorded a gross profit of 2778.9 kDKK in 2024. The operating profit was -395.8 kDKK, while net earnings were 3195.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. CCTV NORDIC A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 478.42 | 1 787.90 | 2 858.45 | 4 376.61 | 2 778.89 |
| EBIT | - 768.78 | 133.02 | 1 428.61 | 2 648.18 | - 395.76 |
| Net earnings | 371.16 | 2 357.83 | 4 793.14 | 7 121.07 | 3 195.68 |
| Shareholders equity total | 1 049.25 | 3 283.78 | 7 725.69 | 12 107.91 | 9 278.08 |
| Balance sheet total (assets) | 4 909.92 | 6 838.36 | 12 352.77 | 15 196.62 | 13 718.13 |
| Net debt | 1 315.86 | 2 021.34 | - 215.34 | -2 685.64 | 1 731.42 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.2 % | 42.6 % | 54.8 % | 57.4 % | 22.3 % |
| ROE | 19.9 % | 108.8 % | 87.1 % | 71.8 % | 29.9 % |
| ROI | 10.2 % | 58.4 % | 69.7 % | 70.0 % | 25.7 % |
| Economic value added (EVA) | - 744.06 | -6.50 | 837.22 | 1 572.01 | - 962.55 |
| Solvency | |||||
| Equity ratio | 21.4 % | 48.0 % | 62.5 % | 79.7 % | 67.6 % |
| Gearing | 201.5 % | 64.9 % | 25.1 % | 6.6 % | 30.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.2 | 1.8 | 2.2 | 1.3 |
| Current ratio | 2.3 | 2.3 | 2.5 | 2.9 | 2.0 |
| Cash and cash equivalents | 798.33 | 111.21 | 2 156.76 | 3 482.82 | 1 118.85 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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