CITECH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30591550
Bavnevej 45, 2650 Hvidovre
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Credit rating

Company information

Official name
CITECH HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About CITECH HOLDING ApS

CITECH HOLDING ApS (CVR number: 30591550) is a company from HVIDOVRE. The company recorded a gross profit of 4.9 kDKK in 2024. The operating profit was 4.9 kDKK, while net earnings were -765.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CITECH HOLDING ApS's liquidity measured by quick ratio was 20 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-0.03-0.11-1.12-4.774.87
EBIT-0.03-0.11-1.12-4.774.87
Net earnings770.69-4.501 325.797 137.47- 765.44
Shareholders equity total11 961.4411 843.9413 055.3319 753.8315 488.38
Balance sheet total (assets)12 622.6512 615.0013 742.4121 012.6316 081.57
Net debt-7 387.36-7 214.51-8 339.65-11 633.78-11 157.77
Profitability
EBIT-%
ROA0.2 %0.8 %1.1 %1.1 %1.4 %
ROE6.6 %-0.0 %10.6 %43.5 %-4.3 %
ROI0.2 %0.8 %1.1 %1.1 %1.4 %
Economic value added (EVA)- 612.31- 630.59- 628.08- 684.39-1 023.45
Solvency
Equity ratio94.8 %93.9 %95.0 %94.0 %96.3 %
Gearing4.9 %5.4 %3.7 %3.5 %2.5 %
Relative net indebtedness %
Liquidity
Quick ratio13.710.319.618.120.0
Current ratio13.710.319.618.120.0
Cash and cash equivalents7 973.357 851.798 816.9112 316.5111 544.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:1.37%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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