CITCO (DENMARK) ApS — Credit Rating and Financial Key Figures

CVR number: 21243434
Nybrogade 12, 1203 København K

Company information

Official name
CITCO (DENMARK) ApS
Personnel
4 persons
Established
1998
Company form
Private limited company
Industry

About CITCO (DENMARK) ApS

CITCO (DENMARK) ApS (CVR number: 21243434) is a company from KØBENHAVN. The company recorded a gross profit of 4648.8 kDKK in 2023. The operating profit was 1066.1 kDKK, while net earnings were 795.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. CITCO (DENMARK) ApS's liquidity measured by quick ratio was 4.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 826.882 120.603 232.274 216.004 648.83
EBIT- 359.91- 151.40677.75780.001 066.10
Net earnings- 327.01- 321.45530.86639.15795.49
Shareholders equity total3 625.733 304.283 835.144 474.295 269.78
Balance sheet total (assets)5 379.885 742.625 487.436 492.338 451.08
Net debt-2 510.58- 833.16-1 448.21-1 794.14-3 155.79
Profitability
EBIT-%
ROA-6.0 %-2.6 %12.3 %13.2 %14.3 %
ROE-7.9 %-9.3 %14.9 %15.4 %16.3 %
ROI-8.1 %-3.8 %17.9 %18.4 %21.7 %
Economic value added (EVA)- 368.09- 147.21498.16591.48697.57
Solvency
Equity ratio78.0 %66.3 %78.6 %77.3 %76.6 %
Gearing6.9 %10.3 %6.6 %1.2 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio6.13.75.44.74.9
Current ratio3.22.43.33.12.5
Cash and cash equivalents2 761.711 174.671 699.421 848.823 195.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:14.3%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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