C Transit A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About C Transit A/S
C Transit A/S (CVR number: 26046300K) is a company from KØBENHAVN. The company reported a net sales of 315.8 mDKK in 2018, demonstrating a decline of -5.4 % compared to the previous year. The operating profit percentage was poor at -1.3 % (EBIT: -4 mDKK), while net earnings were -4086.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -22.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. C Transit A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 327.47 | 333.82 | 315.82 |
Gross profit | 222.21 | 219.06 | 212.72 |
EBIT | -12.19 | -13.37 | -4.00 |
Net earnings | -16.68 | -13.47 | -4.09 |
Shareholders equity total | -34.41 | 20.56 | 15.92 |
Balance sheet total (assets) | 142.51 | 122.11 | 134.21 |
Net debt | 46.59 | 9.35 | 13.52 |
Profitability | |||
EBIT-% | -3.7 % | -4.0 % | -1.3 % |
ROA | -6.8 % | -8.6 % | -2.5 % |
ROE | -11.7 % | -16.5 % | -22.4 % |
ROI | -13.7 % | -19.2 % | -6.4 % |
Economic value added (EVA) | -12.42 | -4.72 | 1.56 |
Solvency | |||
Equity ratio | 14.5 % | 16.8 % | 20.9 % |
Gearing | -235.5 % | 122.1 % | 238.5 % |
Relative net indebtedness % | 42.1 % | 25.4 % | 29.4 % |
Liquidity | |||
Quick ratio | 1.0 | 1.1 | 1.1 |
Current ratio | 1.0 | 1.1 | 1.1 |
Cash and cash equivalents | 34.44 | 15.75 | 24.44 |
Capital use efficiency | |||
Trade debtors turnover (days) | 76.8 | 78.5 | 82.3 |
Net working capital % | -0.8 % | 2.0 % | 3.7 % |
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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