CGI DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CGI DANMARK A/S
CGI DANMARK A/S (CVR number: 63890812) is a company from BALLERUP. The company reported a net sales of 518.4 mDKK in 2023, demonstrating a decline of -18.8 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 23.2 mDKK), while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CGI DANMARK A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 671.76 | 643.00 | 639.18 | 638.29 | 518.36 |
Gross profit | 390.00 | 389.24 | 401.40 | 391.73 | 320.54 |
EBIT | 62.79 | 52.27 | 72.60 | 80.35 | 23.23 |
Net earnings | 39.89 | 38.69 | 50.25 | 64.87 | 14.80 |
Shareholders equity total | 134.12 | 117.93 | 153.18 | 168.16 | 77.96 |
Balance sheet total (assets) | 307.56 | 353.10 | 376.62 | 312.66 | 198.59 |
Net debt | -18.06 | -0.61 | |||
Profitability | |||||
EBIT-% | 9.3 % | 8.1 % | 11.4 % | 12.6 % | 4.5 % |
ROA | 20.6 % | 15.8 % | 19.9 % | 24.5 % | 10.0 % |
ROE | 28.7 % | 30.7 % | 37.1 % | 40.4 % | 12.0 % |
ROI | 20.6 % | 15.8 % | 19.9 % | 29.2 % | 16.0 % |
Economic value added (EVA) | 55.55 | 45.54 | 66.68 | 55.05 | 10.28 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 53.8 % | 39.3 % |
Gearing | 6.8 % | 20.8 % | |||
Relative net indebtedness % | 16.3 % | 18.2 % | |||
Liquidity | |||||
Quick ratio | 2.3 | 1.7 | |||
Current ratio | 2.4 | 1.8 | |||
Cash and cash equivalents | 29.49 | 16.79 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.5 | 34.8 | |||
Net working capital % | 26.4 % | 14.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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