ICITI A/S — Credit Rating and Financial Key Figures

CVR number: 29509328
Skibbrogade 3, 9000 Aalborg
tel: 96302521

Credit rating

Company information

Official name
ICITI A/S
Personnel
2 persons
Established
2006
Company form
Limited company
Industry

About ICITI A/S

ICITI A/S (CVR number: 29509328) is a company from AALBORG. The company recorded a gross profit of 196.9 kDKK in 2024. The operating profit was -13.3 mDKK, while net earnings were -11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -24.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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 21.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 671.384 921.306 050.441 667.07196.89
EBIT-1 090.122 698.95-5 217.25-6 899.81-13 290.88
Net earnings-2 357.021 508.39-4 618.30-5 889.03-11 515.50
Shareholders equity total61 054.6062 751.8958 133.5952 244.5640 729.06
Balance sheet total (assets)187 534.61194 930.70160 960.28119 299.1078 216.64
Net debt110 912.11121 483.3096 659.6762 922.0135 642.66
Profitability
EBIT-%
ROA-0.4 %1.5 %-2.3 %-4.0 %-12.2 %
ROE-3.7 %2.4 %-7.6 %-10.7 %-24.8 %
ROI-0.4 %1.6 %-2.3 %-4.1 %-12.2 %
Economic value added (EVA)-13 562.32-6 271.95-13 641.35-13 314.33-17 367.09
Solvency
Equity ratio32.6 %32.2 %36.1 %43.8 %52.1 %
Gearing181.8 %196.1 %166.4 %120.5 %88.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.81.25.921.8
Current ratio0.50.81.25.920.5
Cash and cash equivalents63.721 598.0660.2252.17243.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-12.2%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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