Concentric Team Technology II K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -70.6 kEUR in 2024. The operating profit was -70.6 kEUR, while net earnings were 2208.3 kEUR. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.5 %, 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 18.9 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | - 271.19 | -91.82 | -70.64 |
| EBIT | - 271.19 | -91.82 | -70.64 |
| Net earnings | - 271.19 | 544.26 | 2 208.35 |
| Shareholders equity total | 3 150.97 | 8 602.30 | 14 364.16 |
| Balance sheet total (assets) | 3 190.55 | 8 796.10 | 14 582.89 |
| Net debt | - 148.22 | - 989.04 | -2 976.95 |
| Profitability | |||
| EBIT-% | |||
| ROA | -8.5 % | 9.1 % | 18.9 % |
| ROE | -8.6 % | 9.3 % | 19.2 % |
| ROI | -8.5 % | 9.1 % | 18.9 % |
| Economic value added (EVA) | - 271.19 | - 252.14 | - 512.64 |
| Solvency | |||
| Equity ratio | 98.8 % | 97.8 % | 98.5 % |
| Gearing | 1.3 % | 2.3 % | 1.3 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 26.4 | 13.0 | 18.9 |
| Current ratio | 26.4 | 13.0 | 18.9 |
| Cash and cash equivalents | 187.80 | 1 182.84 | 3 164.02 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | A |
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