CT OFFSHORE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 14 587.00 | |||
Gross profit | 40 357.00 | 1 729.00 | - 108.00 | -92.00 |
EBIT | -24 953.00 | 1 731.00 | - 108.00 | -92.00 |
Net earnings | -25 584.00 | 1 332.00 | 1 672.00 | -80.00 |
Shareholders equity total | 24 077.00 | 25 409.00 | 27 081.00 | 27 001.00 |
Balance sheet total (assets) | 31 684.00 | 32 208.00 | 31 618.00 | 30 937.00 |
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) | -19 424.85 | 1 210.93 | 256.50 | 131.14 |
Solvency | ||||
Equity ratio | 76.0 % | 78.9 % | 85.7 % | 87.3 % |
Gearing | 26.6 % | 20.8 % | 14.6 % | 14.5 % |
Relative net indebtedness % | -79.3 % | |||
Liquidity | ||||
Quick ratio | 4.2 | 4.7 | 7.0 | 7.9 |
Current ratio | 4.2 | 4.7 | 7.0 | 7.9 |
Cash and cash equivalents | 19 171.00 | 32 192.00 | 31 618.00 | 30 914.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 0.0 | |||
Net working capital % | 165.1 % | |||
Credit risk | ||||
Credit rating | BB | B | BB | BB |
Variable visualization
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