CURTSEN IT ApS — Credit Rating and Financial Key Figures

CVR number: 29691398
Pileholm 6, Gundsømagle 3670 Veksø Sjælland
martin@curtsen.it
tel: 47107707

Credit rating

Company information

Official name
CURTSEN IT ApS
Established
2006
Domicile
Gundsømagle
Company form
Private limited company
Industry

About CURTSEN IT ApS

CURTSEN IT ApS (CVR number: 29691398) is a company from ROSKILDE. The company recorded a gross profit of 1055.1 kDKK in 2022. The operating profit was 325.3 kDKK, while net earnings were 245 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. CURTSEN IT ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 475.131 011.10998.661 183.101 055.07
EBIT725.57372.84325.54495.28325.26
Net earnings545.22272.87244.35377.72244.97
Shareholders equity total2 527.521 270.61714.96892.68837.65
Balance sheet total (assets)4 478.511 612.611 231.951 225.641 275.33
Net debt668.20- 973.30- 618.37- 624.48- 527.51
Profitability
EBIT-%
ROA16.7 %12.2 %22.9 %40.3 %26.0 %
ROE23.6 %14.4 %24.6 %47.0 %28.3 %
ROI18.9 %14.0 %32.4 %60.9 %36.9 %
Economic value added (EVA)413.82119.88236.35378.23237.17
Solvency
Equity ratio56.7 %79.2 %58.0 %72.8 %65.7 %
Gearing59.2 %1.7 %2.0 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.44.32.03.12.7
Current ratio2.64.52.33.62.7
Cash and cash equivalents828.52995.12618.37641.92544.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:26.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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