ICITI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ICITI A/S
ICITI A/S (CVR number: 29509328) is a company from AALBORG. The company recorded a gross profit of 1667.1 kDKK in 2023. The operating profit was -6899.8 kDKK, while net earnings were -5889 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ICITI A/S's liquidity measured by quick ratio was 5.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 805.49 | 4 671.38 | 4 921.30 | 6 050.44 | 1 667.07 |
EBIT | -16 582.57 | -1 090.12 | 2 698.95 | -5 217.25 | -6 899.81 |
Net earnings | -15 792.16 | -2 357.02 | 1 508.39 | -4 618.30 | -5 889.03 |
Shareholders equity total | 65 004.69 | 61 054.60 | 62 751.89 | 58 133.59 | 52 244.56 |
Balance sheet total (assets) | 270 779.06 | 187 534.61 | 194 930.70 | 160 960.28 | 119 308.79 |
Net debt | 184 123.82 | 110 912.11 | 121 483.30 | 96 659.67 | 62 918.22 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.7 % | -0.4 % | 1.5 % | -2.3 % | -4.0 % |
ROE | -21.1 % | -3.7 % | 2.4 % | -7.6 % | -10.7 % |
ROI | -6.1 % | -0.4 % | 1.6 % | -2.3 % | -4.1 % |
Economic value added (EVA) | -26 721.45 | -13 025.04 | -5 891.12 | -12 811.50 | -12 539.71 |
Solvency | |||||
Equity ratio | 24.1 % | 32.6 % | 32.2 % | 36.1 % | 43.8 % |
Gearing | 283.3 % | 181.8 % | 196.1 % | 166.4 % | 120.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.8 | 1.2 | 5.9 |
Current ratio | 0.3 | 0.5 | 0.8 | 1.2 | 5.9 |
Cash and cash equivalents | 59.17 | 63.72 | 1 598.06 | 60.22 | 52.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | AAA | A | BBB |
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