CCIT SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 35892508
Ove Gjeddes Vej 39, 5220 Odense SØ
tel: 70702014

Company information

Official name
CCIT SERVICE A/S
Personnel
7 persons
Established
2014
Company form
Limited company
Industry

About CCIT SERVICE A/S

CCIT SERVICE A/S (CVR number: 35892508) is a company from ODENSE. The company recorded a gross profit of 6908.2 kDKK in 2024. The operating profit was 3074.1 kDKK, while net earnings were 2770.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CCIT SERVICE A/S's liquidity measured by quick ratio was 4.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 964.115 806.667 416.437 350.986 908.15
EBIT3 580.661 667.174 156.833 265.143 074.08
Net earnings2 785.481 390.453 204.642 852.752 770.36
Shareholders equity total5 475.816 866.2610 070.9012 923.6415 694.00
Balance sheet total (assets)11 072.5411 306.8413 666.4015 906.3019 414.80
Net debt661.46-96.40- 454.84- 289.35178.09
Profitability
EBIT-%
ROA36.9 %16.1 %34.8 %24.8 %20.4 %
ROE51.7 %22.5 %37.8 %24.8 %19.4 %
ROI52.6 %23.6 %48.7 %31.7 %24.6 %
Economic value added (EVA)2 477.17929.012 709.002 033.451 745.23
Solvency
Equity ratio49.5 %60.7 %73.7 %81.2 %80.8 %
Gearing26.1 %2.8 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.52.53.74.1
Current ratio1.92.54.05.55.7
Cash and cash equivalents768.15286.14454.84289.35294.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:20.4%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer
Board member

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