ICTS DENMARK ApS — Credit Rating and Financial Key Figures

ICTS DENMARK ApS (CVR number: 29417695) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 6.8 mDKK in 2023, demonstrating a growth of 23 % compared to the previous year. The operating profit percentage was at 11.5 % (EBIT: 0.8 mDKK), while net earnings were 604.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ICTS DENMARK ApS's liquidity measured by quick ratio was 2.4 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.