PICIT A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
PICIT A/S
Personnel
41 persons
Established
1990
Company form
Limited company
Industry

About PICIT A/S

PICIT A/S (CVR number: 14137602) is a company from AARHUS. The company recorded a gross profit of 24 mDKK in 2024. The operating profit was -1698.1 kDKK, while net earnings were -1380.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.8 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.1 %, 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. PICIT 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 173.6819 490.1222 367.9423 010.1324 016.05
EBIT3 817.663 276.745 447.784 075.61-1 698.13
Net earnings3 074.582 702.704 346.373 238.18-1 380.63
Shareholders equity total5 151.226 303.918 750.289 688.467 107.84
Balance sheet total (assets)11 156.6410 676.8312 967.5114 523.6814 200.98
Net debt-1 960.24264.77-1 420.01- 223.70637.35
Profitability
EBIT-%
ROA37.2 %30.0 %46.2 %29.9 %-11.8 %
ROE57.9 %47.2 %57.7 %35.1 %-16.4 %
ROI61.1 %47.1 %60.6 %36.9 %-14.9 %
Economic value added (EVA)2 771.862 402.893 970.052 690.18-1 935.30
Solvency
Equity ratio46.2 %59.0 %67.5 %66.7 %50.1 %
Gearing3.9 %4.2 %1.6 %6.3 %32.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.42.12.01.2
Current ratio1.21.42.12.01.2
Cash and cash equivalents2 158.651 556.85837.871 672.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-11.8%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.1%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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