CTS Denmark A/S — Credit Rating and Financial Key Figures

CTS Denmark A/S (CVR number: 25954971) is a company from HELSINGØR. The company recorded a gross profit of 113.5 mDKK in 2023. The operating profit was 37.3 mDKK, while net earnings were 28.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 41.2 %, which can be considered excellent and Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CTS Denmark A/S's liquidity measured by quick ratio was 2 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.