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ICTS DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 29417695
Frederiksdalsvej 181, 2830 Virum
haris.popaja@ictseurope.com
tel: 32314670
Free credit report Annual report

Company information

Official name
ICTS DENMARK ApS
Personnel
17 persons
Established
2006
Company form
Private limited company
Industry

About ICTS DENMARK ApS

ICTS DENMARK ApS (CVR number: 29417695) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 14.2 mDKK in 2025, demonstrating a growth of 38.2 % compared to the previous year. The operating profit percentage was at 15.9 % (EBIT: 2.3 mDKK), while net earnings were 1733.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.1 %, which can be considered excellent and Return on Equity (ROE) was 49.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68 %, 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. ICTS DENMARK ApS'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales248.815 562.316 839.1510 302.0014 240.26
Gross profit254.964 679.265 817.158 115.9511 253.25
EBIT-33.16531.76788.361 954.842 259.49
Net earnings-52.09515.19604.811 531.301 733.50
Shareholders equity total1 496.162 011.352 616.162 656.264 389.76
Balance sheet total (assets)1 593.144 460.864 436.054 120.376 451.76
Net debt- 775.91-1 948.67-2 924.97-1 733.29-2 652.39
Profitability
EBIT-%-13.3 %9.6 %11.5 %19.0 %15.9 %
ROA-1.6 %18.0 %18.5 %48.5 %43.1 %
ROE-3.4 %29.4 %26.1 %58.1 %49.2 %
ROI-1.7 %24.9 %27.0 %59.4 %48.8 %
Economic value added (EVA)- 135.31456.58510.361 363.601 571.80
Solvency
Equity ratio93.9 %45.1 %59.0 %64.5 %68.0 %
Gearing42.8 %23.1 %41.7 %26.7 %
Relative net indebtedness %-272.9 %-6.5 %-25.0 %-13.4 %-12.4 %
Liquidity
Quick ratio16.41.82.42.83.1
Current ratio16.41.82.42.83.1
Cash and cash equivalents775.912 809.423 528.372 840.023 823.52
Capital use efficiency
Trade debtors turnover (days)34.650.48.340.7
Net working capital %600.2 %36.2 %38.3 %24.9 %30.5 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:43.1%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:68.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
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