CE-IT ApS — Credit Rating and Financial Key Figures

CVR number: 37897817
Lyngbakkevej 12, 8220 Brabrand
christian@CE-IT.dk
tel: 28563683
www.ce-it.dk

Company information

Official name
CE-IT ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry

About CE-IT ApS

CE-IT ApS (CVR number: 37897817) is a company from AARHUS. The company recorded a gross profit of 4072.8 kDKK in 2023. The operating profit was 2097.2 kDKK, while net earnings were 1737.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.3 %, which can be considered excellent and Return on Equity (ROE) was 55.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. CE-IT ApS's liquidity measured by quick ratio was 4.1 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 176.653 124.804 132.633 286.184 072.81
EBIT1 189.421 553.322 068.401 585.552 097.20
Net earnings908.591 933.831 519.741 206.611 737.27
Shareholders equity total2 370.102 100.282 620.022 726.633 563.90
Balance sheet total (assets)3 094.663 759.154 094.103 549.184 622.54
Net debt-2 490.12-2 140.05-1 592.99-1 657.55-1 698.88
Profitability
EBIT-%
ROA49.6 %78.4 %59.9 %45.9 %60.3 %
ROE46.8 %86.5 %64.4 %45.1 %55.2 %
ROI63.6 %118.8 %94.2 %62.4 %77.8 %
Economic value added (EVA)854.751 216.331 611.961 196.101 579.20
Solvency
Equity ratio76.6 %55.9 %64.0 %76.8 %77.1 %
Gearing0.7 %0.3 %9.2 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.42.32.74.24.1
Current ratio4.42.32.74.24.1
Cash and cash equivalents2 506.792 145.971 834.721 661.661 701.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:60.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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