Concentric Team Technology II K/S — Credit Rating and Financial Key Figures

CVR number: 42854883
Vesterbrogade 149, 1620 København V

Company information

Official name
Concentric Team Technology II K/S
Established
2021
Company form
Limited partnership
Industry

About Concentric Team Technology II K/S

Concentric Team Technology II K/S (CVR number: 42854883) is a company from KØBENHAVN. The company recorded a gross profit of -91.8 kEUR in 2023. The operating profit was -91.8 kEUR, while net earnings were 544.3 kEUR. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Concentric Team Technology II K/S's liquidity measured by quick ratio was 13 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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2022
2023
Volume
Net sales
Gross profit- 271.19-91.82
EBIT- 271.19-91.82
Net earnings- 271.19544.26
Shareholders equity total3 150.978 602.30
Balance sheet total (assets)3 190.558 796.10
Net debt- 148.22- 989.04
Profitability
EBIT-%
ROA-8.5 %9.1 %
ROE-8.6 %9.3 %
ROI-8.5 %9.1 %
Economic value added (EVA)- 271.19- 240.72
Solvency
Equity ratio98.8 %97.8 %
Gearing1.3 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio26.413.0
Current ratio26.413.0
Cash and cash equivalents187.801 182.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:9.08%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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