ICS TECH A/S

CVR number: 12853971
Virkelyst 10, 9400 Nørresundby

Credit rating

Company information

Official name
ICS TECH A/S
Established
1989
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About ICS TECH A/S

ICS TECH A/S (CVR number: 12853971) is a company from AALBORG. The company recorded a gross profit of -7.1 kDKK in 2023. The operating profit was -7.1 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ICS TECH A/S's liquidity measured by quick ratio was 35.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-6.002.00-7.00-7.00-7.06
EBIT-6.002.00-7.00-7.00-7.06
Net earnings2.007.00-6.001.001.98
Shareholders equity total218.00225.00220.00220.00222.24
Balance sheet total (assets)241.00235.00230.00227.00228.74
Net debt7.00
Profitability
EBIT-%
ROA1.3 %3.8 %-3.0 %0.4 %0.9 %
ROE0.9 %3.2 %-2.7 %0.5 %0.9 %
ROI1.4 %4.0 %-3.1 %0.5 %0.9 %
Economic value added (EVA)-16.85-9.40-16.56-18.06-18.12
Solvency
Equity ratio90.5 %95.7 %95.7 %96.9 %97.2 %
Gearing3.2 %
Relative net indebtedness %
Liquidity
Quick ratio10.523.523.032.435.2
Current ratio10.523.523.032.435.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBCCC

Variable visualization

ROA:0.87%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.2%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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