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

CVR number: 25954971
Porthusvej 4, 3490 Kvistgård
Free credit report Annual report

Company information

Official name
CTS Denmark A/S
Personnel
124 persons
Established
2001
Company form
Limited company
Industry

About CTS Denmark A/S

CTS Denmark A/S (CVR number: 25954971) is a company from HELSINGØR. The company recorded a gross profit of 134.5 mDKK in 2024. The operating profit was 61.1 mDKK, while net earnings were 48.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 53.3 %, which can be considered excellent and Return on Equity (ROE) was 55.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76 %, 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 3.1 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 profit89 468.0093 426.00115 229.00113 489.64134 463.53
EBIT22 186.0027 811.0037 548.0037 290.5161 113.78
Net earnings16 280.0021 382.0030 156.0028 844.3048 872.89
Shareholders equity total83 497.0087 604.0083 644.0067 587.98109 815.37
Balance sheet total (assets)134 219.00109 199.00106 484.0094 370.93145 496.65
Net debt-11 283.17-24 822.60
Profitability
EBIT-%
ROA16.7 %22.9 %34.8 %41.2 %53.3 %
ROE21.9 %25.0 %35.2 %38.1 %55.1 %
ROI16.7 %22.9 %34.8 %46.0 %67.3 %
Economic value added (EVA)18 898.5423 615.2833 145.9024 847.4843 955.15
Solvency
Equity ratio100.0 %100.0 %100.0 %71.9 %76.0 %
Gearing2.8 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.1
Current ratio3.24.0
Cash and cash equivalents13 172.6826 453.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:53.3%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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