CT OFFSHORE A/S — Credit Rating and Financial Key Figures

CVR number: 10144922
Kraftværksvej 53, Skærbæk 7000 Fredericia
info@orsted.com
tel: 99551111

Company information

Official name
CT OFFSHORE A/S
Established
2003
Domicile
Skærbæk
Company form
Limited company
Industry

About CT OFFSHORE A/S

CT OFFSHORE A/S (CVR number: 10144922) is a company from FREDERICIA. The company recorded a gross profit of -92 kDKK in 2019. The operating profit was -92 kDKK, while net earnings were -80 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CT OFFSHORE A/S's liquidity measured by quick ratio was 7.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales14 587.00
Gross profit40 357.001 729.00- 108.00-92.00
EBIT-24 953.001 731.00- 108.00-92.00
Net earnings-25 584.001 332.001 672.00-80.00
Shareholders equity total24 077.0025 409.0027 081.0027 001.00
Balance sheet total (assets)31 684.0032 208.0031 618.0030 937.00
Net debt-12 768.00-26 911.00-27 669.00-26 997.00
Profitability
EBIT-%-171.1 %
ROA-78.8 %5.5 %7.7 %0.3 %
ROE-106.3 %5.4 %6.4 %-0.3 %
ROI-81.9 %5.7 %8.0 %0.3 %
Economic value added (EVA)-19 424.851 210.93256.50131.14
Solvency
Equity ratio76.0 %78.9 %85.7 %87.3 %
Gearing26.6 %20.8 %14.6 %14.5 %
Relative net indebtedness %-79.3 %
Liquidity
Quick ratio4.24.77.07.9
Current ratio4.24.77.07.9
Cash and cash equivalents19 171.0032 192.0031 618.0030 914.00
Capital use efficiency
Trade debtors turnover (days)0.0
Net working capital %165.1 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:0.32%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.3%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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