CCIT A/S — Credit Rating and Financial Key Figures

CVR number: 25393341
Herstedøstervej 29, 2620 Albertslund
tl@ccit.dk
tel: 43757505
www.ccit.dk

Credit rating

Company information

Official name
CCIT A/S
Personnel
20 persons
Established
2000
Company form
Limited company
Industry

About CCIT A/S

CCIT A/S (CVR number: 25393341) is a company from ALBERTSLUND. The company recorded a gross profit of 14.4 mDKK in 2023. The operating profit was -1244.9 kDKK, while net earnings were -1430.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -49.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CCIT A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit6 558.286 468.358 831.9914 429.46
EBIT2 158.262 217.062 116.82-1 244.93
Net earnings1 658.521 738.101 888.62-1 430.59
Shareholders equity total2 206.193 044.293 132.912 651.31
Balance sheet total (assets)3 813.705 263.454 819.3815 153.11
Net debt-2 403.60-3 653.39514.41-6.33
Profitability
EBIT-%
ROA45.6 %49.2 %44.6 %-12.5 %
ROE54.8 %66.2 %60.3 %-49.5 %
ROI71.3 %85.1 %55.4 %-31.9 %
Economic value added (EVA)1 664.391 750.6430.611 936.24-1 446.48
Solvency
Equity ratio58.8 %61.3 %65.0 %17.5 %
Gearing23.8 %47.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.42.51.1
Current ratio1.92.12.51.1
Cash and cash equivalents2 403.603 653.39231.481 255.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:-12.5%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.5%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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