C.T.S. COMPANY ApS

CVR number: 89809428
Marsvej 1, 7430 Ikast
cts@cts.dk
tel: 40347099

Credit rating

Company information

Official name
C.T.S. COMPANY ApS
Personnel
2 persons
Established
1982
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About C.T.S. COMPANY ApS

C.T.S. COMPANY ApS (CVR number: 89809428) is a company from IKAST-BRANDE. The company recorded a gross profit of 48.2 kDKK in 2023. The operating profit was -87.1 kDKK, while net earnings were -86.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.7 %, which can be considered poor and Return on Equity (ROE) was -40.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. C.T.S. COMPANY ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit185.98283.85301.46238.6048.23
EBIT2.12155.62154.7594.13-87.07
Net earnings-1.85120.04117.2270.70-86.28
Shareholders equity total349.55419.59423.81380.1246.04
Balance sheet total (assets)482.15543.67572.73532.06174.24
Net debt- 174.53- 383.22- 407.58- 289.30-23.42
Profitability
EBIT-%
ROA0.3 %30.3 %27.7 %17.0 %-24.7 %
ROE-0.5 %31.2 %27.8 %17.6 %-40.5 %
ROI0.5 %40.5 %36.6 %23.3 %-40.2 %
Economic value added (EVA)-12.66112.65117.8972.27-89.35
Solvency
Equity ratio72.5 %77.2 %74.0 %71.4 %26.4 %
Gearing0.1 %10.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.63.22.60.5
Current ratio3.64.43.63.41.1
Cash and cash equivalents174.53383.22407.58289.7028.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-24.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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