CIC 2018 A/S — Credit Rating and Financial Key Figures

CVR number: 31877164
Møntergade 4, 1116 København K
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Company information

Official name
CIC 2018 A/S
Established
2008
Company form
Limited company
Industry

About CIC 2018 A/S

CIC 2018 A/S (CVR number: 31877164) is a company from KØBENHAVN. The company recorded a gross profit of -14.6 kDKK in 2024. The operating profit was -14.6 kDKK, while net earnings were 93.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor but Return on Equity (ROE) was 12769.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -100 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CIC 2018 A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-12.76-10.78-22.22-17.22-14.60
EBIT-12.76-10.78-22.22-17.22-14.60
Net earnings200.62110.7269.9875.2093.28
Shareholders equity total-16 841.65-16 730.93-16 660.95-16 585.74-16 492.46
Balance sheet total (assets)29.9616.553.681.46
Net debt16 790.5616 668.9016 578.6316 487.4916 381.08
Profitability
EBIT-%
ROA-0.1 %-0.1 %-0.1 %-0.1 %-0.1 %
ROE230.5 %476.1 %691.8 %2925.1 %12769.9 %
ROI-0.1 %-0.1 %-0.1 %-0.1 %-0.1 %
Economic value added (EVA)-14.16-5.41-12.94-8.27-5.50
Solvency
Equity ratio-59.8 %-77.3 %-95.5 %-98.5 %-100.0 %
Gearing-99.7 %-99.7 %-99.5 %-99.4 %-99.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.50.20.0
Current ratio0.41.50.20.0
Cash and cash equivalents6.525.693.681.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-0.09%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-100.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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