CID ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CID ApS
CID ApS (CVR number: 37749427) is a company from GENTOFTE. The company recorded a gross profit of 459.6 kDKK in 2018. The operating profit was 15.8 kDKK, while net earnings were -149.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CID ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 185.00 | 794.00 | 459.56 |
EBIT | -78.00 | 27.00 | 15.81 |
Net earnings | -71.00 | 1.00 | - 149.94 |
Shareholders equity total | -21.00 | -20.00 | - 170.12 |
Balance sheet total (assets) | 960.00 | 1 071.00 | 356.45 |
Net debt | 399.00 | 490.00 | -51.50 |
Profitability | |||
EBIT-% | |||
ROA | -8.0 % | 3.4 % | 2.0 % |
ROE | -7.4 % | 0.1 % | -21.0 % |
ROI | -13.3 % | 6.1 % | 4.1 % |
Economic value added (EVA) | -61.53 | 36.70 | 19.96 |
Solvency | |||
Equity ratio | -2.1 % | -1.8 % | -32.3 % |
Gearing | -2719.0 % | -2790.0 % | -116.5 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.4 | 0.6 | 0.7 |
Current ratio | 0.4 | 0.6 | 0.7 |
Cash and cash equivalents | 172.00 | 68.00 | 249.73 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | B |
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