C2IT Digital A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About C2IT Digital A/S
C2IT Digital A/S (CVR number: 43300288) is a company from KOLDING. The company recorded a gross profit of -247.3 kDKK in 2024. The operating profit was -248.5 kDKK, while net earnings were -193.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -124.3 %, which can be considered poor and Return on Equity (ROE) was -156.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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 Digital A/S's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 48.13 | - 403.49 | - 247.28 |
EBIT | 48.13 | - 404.43 | - 248.46 |
Net earnings | 35.16 | - 314.47 | - 193.76 |
Shareholders equity total | 535.16 | 220.69 | 26.93 |
Balance sheet total (assets) | 563.78 | 342.59 | 56.93 |
Net debt | - 563.78 | -79.43 | 17.08 |
Profitability | |||
EBIT-% | |||
ROA | 8.5 % | -89.0 % | -124.3 % |
ROE | 6.6 % | -83.2 % | -156.5 % |
ROI | 9.0 % | -93.2 % | -131.8 % |
Economic value added (EVA) | 36.41 | - 314.02 | - 195.46 |
Solvency | |||
Equity ratio | 94.9 % | 64.4 % | 47.3 % |
Gearing | 49.1 % | 74.3 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 19.7 | 2.8 | 1.9 |
Current ratio | 19.7 | 2.8 | 1.9 |
Cash and cash equivalents | 563.78 | 187.69 | 2.92 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | B | B |
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