IC TECH ApS — Credit Rating and Financial Key Figures

CVR number: 35395652
Snedstrupvej 2, 8382 Hinnerup
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Company information

Official name
IC TECH ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry

About IC TECH ApS

IC TECH ApS (CVR number: 35395652) is a company from FAVRSKOV. The company recorded a gross profit of -18.1 kDKK in 2023. The operating profit was -18.1 kDKK, while net earnings were -25.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.3 %, which can be considered poor and Return on Equity (ROE) was -28.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. IC TECH ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.15-0.3814.84-0.61-18.10
EBIT-54.14-0.3814.84-0.61-18.10
Net earnings-57.34-8.6510.00-3.47-25.33
Shareholders equity total103.1794.52104.51101.0575.72
Balance sheet total (assets)205.86243.27153.85136.13136.05
Net debt- 139.18- 162.58- 128.33- 121.97-86.59
Profitability
EBIT-%
ROA-16.0 %-0.4 %6.8 %-0.9 %-13.3 %
ROE-43.5 %-8.8 %10.0 %-3.4 %-28.7 %
ROI-18.9 %-0.5 %9.2 %-1.1 %-17.1 %
Economic value added (EVA)-38.744.3722.311.31-16.34
Solvency
Equity ratio50.1 %38.9 %67.9 %74.2 %55.7 %
Gearing56.8 %85.4 %13.7 %14.0 %27.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.63.13.92.3
Current ratio2.01.63.13.92.3
Cash and cash equivalents197.78243.27142.62136.13107.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBB

Variable visualization

ROA:-13.3%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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