QUITECH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25841573
Fasanvej 5, 4683 Rønnede

Credit rating

Company information

Official name
QUITECH HOLDING ApS
Established
2001
Company form
Private limited company
Industry

About QUITECH HOLDING ApS

QUITECH HOLDING ApS (CVR number: 25841573) is a company from FAXE. The company recorded a gross profit of -17.3 kDKK in 2023. The operating profit was 1982.7 kDKK, while net earnings were 2134 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.5 %, which can be considered excellent and Return on Equity (ROE) was 53.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. QUITECH HOLDING ApS's liquidity measured by quick ratio was 168.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-27.31-7.42-25.25-79.87-17.32
EBIT-27.31-10.68-2 033.08-92.271 982.68
Net earnings375.84461.66762.589.612 133.99
Shareholders equity total1 736.532 087.602 737.172 628.985 390.98
Balance sheet total (assets)1 969.442 401.862 987.712 718.615 418.54
Net debt- 864.03- 905.19-2 730.10-2 641.40-4 588.83
Profitability
EBIT-%
ROA22.5 %22.8 %34.8 %1.5 %51.5 %
ROE23.5 %24.1 %31.6 %0.4 %53.2 %
ROI22.5 %22.9 %34.9 %1.5 %51.7 %
Economic value added (EVA)0.4224.56-1 998.93-42.582 025.89
Solvency
Equity ratio88.2 %86.9 %91.6 %96.7 %99.5 %
Gearing13.0 %14.7 %8.9 %2.9 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.93.911.932.4168.5
Current ratio4.93.911.932.4168.5
Cash and cash equivalents1 089.311 211.962 973.142 717.754 608.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:51.5%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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