CTN 2017 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38514520
Fjorddraget 17, 4300 Holbæk

Company information

Official name
CTN 2017 Holding ApS
Established
2017
Company form
Private limited company
Industry

About CTN 2017 Holding ApS

CTN 2017 Holding ApS (CVR number: 38514520) is a company from HOLBÆK. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a decline of -16.3 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 2.4 mDKK), while net earnings were 2554.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CTN 2017 Holding ApS's liquidity measured by quick ratio was 85.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 062.802 946.392 465.57
Gross profit-22.82-14.474 050.872 933.722 446.52
EBIT-22.82-14.474 050.872 933.722 446.52
Net earnings1 511.231 095.374 050.302 968.882 554.91
Shareholders equity total920.841 905.6214 887.4217 356.2918 791.20
Balance sheet total (assets)5 566.236 456.6316 128.7718 125.2518 865.03
Net debt- 688.24923.45-1 743.42-1 562.65- 482.69
Profitability
EBIT-%99.7 %99.6 %99.2 %
ROA35.6 %19.7 %36.2 %17.4 %13.8 %
ROE77.5 %77.5 %48.2 %18.4 %14.1 %
ROI73.5 %54.8 %44.7 %18.4 %14.1 %
Economic value added (EVA)155.48126.774 137.363 309.422 838.26
Solvency
Equity ratio16.5 %29.5 %92.3 %95.8 %99.6 %
Gearing78.7 %
Relative net indebtedness %-12.4 %-26.9 %-16.6 %
Liquidity
Quick ratio318.31.1474.4149.885.9
Current ratio318.31.1474.4149.885.9
Cash and cash equivalents688.24576.551 743.421 562.65482.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %106.3 %167.8 %194.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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