CT Wood ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CT Wood ApS
CT Wood ApS (CVR number: 40470190) is a company from HOLBÆK. The company recorded a gross profit of -55.3 kDKK in 2023. The operating profit was -55.3 kDKK, while net earnings were -56 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.8 %, which can be considered poor and Return on Equity (ROE) was -149.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CT Wood ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 432.76 | 606.91 | 314.27 | -94.23 | -55.32 |
EBIT | 4.68 | 31.73 | 35.75 | -94.51 | -55.32 |
Net earnings | 1.95 | 23.15 | 20.27 | -95.46 | -56.04 |
Shareholders equity total | 51.95 | 75.10 | 99.95 | 4.49 | -51.55 |
Balance sheet total (assets) | 271.31 | 448.16 | 254.08 | 162.78 | 70.62 |
Net debt | 95.06 | -46.25 | -94.69 | -14.32 | -7.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 8.8 % | 10.2 % | -45.3 % | -38.8 % |
ROE | 3.8 % | 36.4 % | 23.2 % | -182.8 % | -149.2 % |
ROI | 3.0 % | 19.1 % | 25.9 % | -181.0 % | -974.9 % |
Economic value added (EVA) | 4.68 | 21.16 | 27.93 | -94.77 | -54.82 |
Solvency | |||||
Equity ratio | 19.1 % | 16.8 % | 39.3 % | 2.8 % | -42.2 % |
Gearing | 201.1 % | 135.1 % | -13.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.6 | 1.0 | 0.6 |
Current ratio | 1.2 | 1.2 | 1.6 | 1.0 | 0.6 |
Cash and cash equivalents | 9.42 | 147.73 | 94.69 | 14.32 | 14.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | B | BB |
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