PICIT A/S — Credit Rating and Financial Key Figures

CVR number: 14137602
Javavej 1, 8000 Aarhus C
tel: 87308020

Credit rating

Company information

Official name
PICIT A/S
Personnel
39 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About PICIT A/S

PICIT A/S (CVR number: 14137602) is a company from AARHUS. The company recorded a gross profit of 22.7 mDKK in 2023. The operating profit was 4075.6 kDKK, while net earnings were 3238.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 35.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PICIT A/S's liquidity measured by quick ratio was 2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit17 518.0919 173.6819 490.1222 367.9422 717.66
EBIT3 889.783 817.663 276.745 447.784 075.61
Net earnings3 250.963 074.582 702.704 346.373 238.18
Shareholders equity total5 476.645 151.226 303.918 750.289 688.46
Balance sheet total (assets)9 385.4411 156.6410 676.8312 967.5114 523.68
Net debt-2 625.18-1 960.24264.77-1 420.01- 223.70
Profitability
EBIT-%
ROA48.6 %37.2 %30.0 %46.2 %29.9 %
ROE72.8 %57.9 %47.2 %57.7 %35.1 %
ROI76.3 %61.1 %47.1 %60.6 %36.9 %
Economic value added (EVA)3 204.453 057.822 729.564 241.543 050.87
Solvency
Equity ratio58.4 %46.2 %59.0 %67.5 %66.7 %
Gearing4.2 %3.9 %4.2 %1.6 %6.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.21.42.12.0
Current ratio1.81.21.42.12.0
Cash and cash equivalents2 853.342 158.651 556.85837.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:29.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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