C2IT A/S — Credit Rating and Financial Key Figures

CVR number: 27356893
Birkemosevej 7 B, Nr Bjert 6000 Kolding
info@c2it.dk
tel: 72160777

Credit rating

Company information

Official name
C2IT A/S
Personnel
64 persons
Established
2003
Domicile
Nr Bjert
Company form
Limited company
Industry
  • Expand more icon629000

About C2IT A/S

C2IT A/S (CVR number: 27356893K) is a company from KOLDING. The company reported a net sales of 101.8 mDKK in 2018, demonstrating a decline of -22 % compared to the previous year. The operating profit percentage was at 11.6 % (EBIT: 11.9 mDKK), while net earnings were 8805.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 83.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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. C2IT A/S's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
Volume
Net sales130 514.61101 822.60
Gross profit51 889.0861 129.97
EBIT8 065.7911 850.90
Net earnings5 915.798 805.48
Shareholders equity total13 289.4416 579.74
Balance sheet total (assets)44 912.8739 695.46
Net debt-4 043.31-8 656.52
Profitability
EBIT-%6.2 %11.6 %
ROA18.1 %28.0 %
ROE60.5 %83.2 %
ROI53.5 %68.6 %
Economic value added (EVA)5 949.018 501.38
Solvency
Equity ratio31.7 %42.5 %
Gearing14.3 %9.4 %
Relative net indebtedness %19.7 %12.7 %
Liquidity
Quick ratio1.31.2
Current ratio1.21.2
Cash and cash equivalents5 943.0410 220.18
Capital use efficiency
Trade debtors turnover (days)75.051.3
Net working capital %4.4 %4.6 %
Credit risk
Credit ratingAA

Variable visualization

ROA:28.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer
Chief executive officer

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