COLT TECHNOLOGY SERVICES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COLT TECHNOLOGY SERVICES A/S
COLT TECHNOLOGY SERVICES A/S (CVR number: 25760352) is a company from KØBENHAVN. The company recorded a gross profit of 32.4 mDKK in 2023. The operating profit was -3711.5 kDKK, while net earnings were -10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. COLT TECHNOLOGY SERVICES A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 34 654.81 | 36 744.31 | 16 800.05 | 26 120.61 | 32 356.00 |
EBIT | 5 069.65 | 1 630.71 | -8 409.04 | -7 445.62 | -3 711.45 |
Net earnings | -2 890.44 | -6 096.15 | -11 572.00 | -13 260.13 | -10 222.33 |
Shareholders equity total | 60 908.68 | 54 812.53 | 43 240.53 | 29 980.41 | 137 180.37 |
Balance sheet total (assets) | 212 078.24 | 202 234.98 | 127 197.43 | 175 509.51 | 266 963.43 |
Net debt | 23 228.38 | 18 586.08 | 23 581.37 | 37 239.70 | 27 457.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | 0.9 % | -4.5 % | -4.9 % | -1.2 % |
ROE | -4.6 % | -10.5 % | -23.6 % | -36.2 % | -12.2 % |
ROI | 3.3 % | 1.0 % | -5.0 % | -5.7 % | -1.4 % |
Economic value added (EVA) | 2 245.09 | -54.75 | -10 569.06 | -8 695.05 | -4 078.70 |
Solvency | |||||
Equity ratio | 28.7 % | 27.1 % | 34.0 % | 17.1 % | 51.4 % |
Gearing | 83.1 % | 55.4 % | 97.0 % | 199.8 % | 29.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.3 | 2.1 | 1.5 | 1.0 |
Current ratio | 2.2 | 1.3 | 2.1 | 1.5 | 1.0 |
Cash and cash equivalents | 27 367.16 | 11 787.07 | 18 376.30 | 22 671.97 | 12 642.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | AA |
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