CIS TECHNOLOGIES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CIS TECHNOLOGIES ApS
CIS TECHNOLOGIES ApS (CVR number: 33163576) is a company from AARHUS. The company recorded a gross profit of -58.8 kDKK in 2023. The operating profit was -58.8 kDKK, while net earnings were -68.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.7 %, which can be considered poor and Return on Equity (ROE) was -47.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CIS TECHNOLOGIES ApS's liquidity measured by quick ratio was 4.2 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 | -34.67 | -36.06 | -19.58 | -19.86 | -58.79 |
EBIT | -62.26 | -63.19 | -31.93 | -19.86 | -58.79 |
Net earnings | -64.11 | -68.35 | -39.84 | -24.70 | -68.17 |
Shareholders equity total | 510.33 | 441.98 | 202.14 | 177.43 | 109.27 |
Balance sheet total (assets) | 524.35 | 463.07 | 246.13 | 185.93 | 143.42 |
Net debt | - 405.44 | - 436.08 | - 206.85 | - 185.93 | - 143.42 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.1 % | -12.8 % | -9.0 % | -9.2 % | -35.7 % |
ROE | -11.8 % | -14.4 % | -12.4 % | -13.0 % | -47.6 % |
ROI | -11.4 % | -13.3 % | -9.9 % | -10.5 % | -41.0 % |
Economic value added (EVA) | -52.42 | -64.92 | -36.22 | -19.62 | -58.36 |
Solvency | |||||
Equity ratio | 97.3 % | 95.4 % | 82.1 % | 95.4 % | 76.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 34.3 | 21.2 | 5.6 | 21.9 | 4.2 |
Current ratio | 34.3 | 21.2 | 5.6 | 21.9 | 4.2 |
Cash and cash equivalents | 405.44 | 436.08 | 206.85 | 185.93 | 143.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | C | C | B |
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