CKIT Software ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CKIT Software ApS
CKIT Software ApS (CVR number: 36734973) is a company from KØBENHAVN. The company recorded a gross profit of -11.5 kDKK in 2023. The operating profit was -11.5 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -29.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. CKIT Software ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 169.76 | -40.88 | -28.07 | -24.16 | -11.50 |
EBIT | - 639.24 | - 953.93 | - 155.26 | - 104.35 | -11.50 |
Net earnings | - 498.70 | - 801.26 | -50.00 | -81.31 | -8.96 |
Shareholders equity total | -1 083.15 | - 284.41 | - 334.40 | - 415.71 | 30.33 |
Balance sheet total (assets) | 797.87 | 100.35 | 172.84 | 29.51 | 72.08 |
Net debt | 1 682.93 | 310.53 | 460.46 | 412.71 | 14.06 |
Profitability | |||||
EBIT-% | |||||
ROA | -33.2 % | -84.2 % | -34.8 % | -21.9 % | -4.4 % |
ROE | -45.6 % | -178.4 % | -36.6 % | -80.4 % | -29.9 % |
ROI | -35.6 % | -88.2 % | -39.3 % | -23.4 % | -4.9 % |
Economic value added (EVA) | - 420.49 | - 719.07 | -95.60 | -63.99 | 12.25 |
Solvency | |||||
Equity ratio | -57.6 % | -73.9 % | -65.9 % | -93.4 % | 42.1 % |
Gearing | -156.3 % | -111.6 % | -141.2 % | -100.9 % | 71.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 0.3 | 0.1 | 1.7 |
Current ratio | 0.1 | 0.3 | 0.3 | 0.1 | 1.7 |
Cash and cash equivalents | 10.18 | 6.73 | 11.80 | 6.56 | 7.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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