Vitec Cito A/S: Financial statements 2020
CVR: 16724041
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Vitec Cito A/S (CVR 16724041) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 18,793,632 and a net result of DKK 7,603,999 compared with DKK 9,114,390 the year before. That is a decrease of 6.3% compared with the year before. Equity in the 2020 report amounted to DKK 16,329,737. The solvency ratio was 66.5%. The company had 16 employees in the financial year.
- Gross Profit
- DKK 18,793,632
- Profit/Loss
- DKK 7,603,999
- Equity
- DKK 16,329,737
- Total Assets
- DKK 24,539,029
- Employees
- 16
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 18.8 mio. | 7.6 mio. | 16.3 mio. | 16 |
| 2019 | - | 20 mio. | 9.1 mio. | 24.7 mio. | 16 |
| 2017 | - | 16 mio. | 5.7 mio. | 9.2 mio. | 17 |
| 2016 | - | 13 mio. | 4.4 mio. | 7.6 mio. | 15 |
| 2015 | - | 11.7 mio. | 3.8 mio. | 8.2 mio. | 13 |
Official annual report
How creditworthy is Vitec Cito A/S?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2020
As of September 1, 2020, Kim Møller Jensen has joined the board of directors of Vitec Cito A/S.
As of September 1, 2020, Lars Patrik Fransson has left the board of directors of Vitec Cito A/S.
Vitec Cito A/S has published its annual report for 2019. Gross profit came to DKK 20,049,303, and the net result was DKK 9,114,390.
About Vitec Cito A/S
Vitec Cito A/S is a Danish company of the type Aktieselskab based in Allerød, founded in 1992. The company is registered under the industry Computerkonsulentbistand og forvaltning af computerfaciliteter. The company was previously named CITO IT A/S and CITO DATA A/S. The management consists of Kim Tingager. The board consists of Olle Backman (chair), Kim Møller Jensen and Gert Ulf Patrik Gustafsson. The company is owned by Vitec Software Group AB. The company has 22 employees (2026). In 2025, the company reported a gross profit of DKK 22,097,094 and a net result of DKK 6,484,799 compared with DKK 6,005,154 the year before. Equity in the 2025 report amounted to DKK 11,162,680.