CIC Property Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CIC Property Denmark ApS
CIC Property Denmark ApS (CVR number: 43092510) is a company from KØBENHAVN. The company recorded a gross profit of -113.9 kDKK in 2024. The operating profit was -113.9 kDKK, while net earnings were 15.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 81.1 %, which can be considered excellent and Return on Equity (ROE) was 160.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. CIC Property Denmark ApS's liquidity measured by quick ratio was 1.5 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 financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -53.39 | - 902.74 | - 113.90 |
| EBIT | -53.39 | - 902.74 | - 113.90 |
| Net earnings | 2 024.66 | 8 366.13 | 15 713.66 |
| Shareholders equity total | 2 064.66 | 10 430.79 | 9 162.36 |
| Balance sheet total (assets) | 2 321.49 | 11 507.86 | 27 242.81 |
| Net debt | 210.11 | 169.14 | 16 547.47 |
| Profitability | |||
| EBIT-% | |||
| ROA | 86.9 % | 118.1 % | 81.1 % |
| ROE | 98.1 % | 133.9 % | 160.4 % |
| ROI | 87.9 % | 126.2 % | 83.0 % |
| Economic value added (EVA) | -45.37 | - 819.54 | - 623.79 |
| Solvency | |||
| Equity ratio | 88.9 % | 90.6 % | 33.6 % |
| Gearing | 11.2 % | 2.1 % | 196.8 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.8 | 0.2 | 1.5 |
| Current ratio | 0.8 | 0.2 | 1.5 |
| Cash and cash equivalents | 21.72 | 45.85 | 1 485.70 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | BBB |
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