CIPP TECHNOLOGY HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CIPP TECHNOLOGY HOLDING ApS
CIPP TECHNOLOGY HOLDING ApS (CVR number: 24221458) is a company from SORØ. The company recorded a gross profit of 1242 kEUR in 2024. The operating profit was 373 kEUR, while net earnings were -229 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CIPP TECHNOLOGY HOLDING ApS's liquidity measured by quick ratio was 16.7 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 756.00 | 2 503.00 | 1 478.00 | 1 080.00 | 1 242.00 |
EBIT | 3 178.00 | 2 235.00 | 1 055.00 | 664.00 | 373.00 |
Net earnings | - 552.00 | 47 669.00 | 1 750.00 | 287.00 | - 229.00 |
Shareholders equity total | 6 069.00 | 53 633.00 | 54 613.00 | 54 900.00 | 53 637.00 |
Balance sheet total (assets) | 66 101.00 | 97 780.00 | 99 476.00 | 98 279.00 | 91 520.00 |
Net debt | 57 159.00 | 41 135.00 | 37 239.00 | 36 137.00 | |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | 59.8 % | 1.1 % | 3.8 % | 3.2 % |
ROE | -9.2 % | 159.7 % | 3.2 % | 0.5 % | -0.4 % |
ROI | 2.5 % | 61.6 % | 1.1 % | 3.9 % | 3.3 % |
Economic value added (EVA) | - 184.57 | -1 545.00 | -3 723.17 | -2 232.21 | -4 412.52 |
Solvency | |||||
Equity ratio | 9.2 % | 54.8 % | 100.0 % | 55.9 % | 58.6 % |
Gearing | 956.1 % | 77.3 % | 70.5 % | 67.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 7.3 | 4.1 | 16.7 | |
Current ratio | 1.7 | 7.3 | 4.1 | 16.7 | |
Cash and cash equivalents | 865.00 | 320.00 | 1 467.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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