IC TECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.15 | -0.38 | 14.84 | -0.61 | -18.10 |
EBIT | -54.14 | -0.38 | 14.84 | -0.61 | -18.10 |
Net earnings | -57.34 | -8.65 | 10.00 | -3.47 | -25.33 |
Shareholders equity total | 103.17 | 94.52 | 104.51 | 101.05 | 75.72 |
Balance sheet total (assets) | 205.86 | 243.27 | 153.85 | 136.13 | 136.05 |
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) | -38.74 | 4.37 | 22.31 | 1.31 | -16.34 |
Solvency | |||||
Equity ratio | 50.1 % | 38.9 % | 67.9 % | 74.2 % | 55.7 % |
Gearing | 56.8 % | 85.4 % | 13.7 % | 14.0 % | 27.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.6 | 3.1 | 3.9 | 2.3 |
Current ratio | 2.0 | 1.6 | 3.1 | 3.9 | 2.3 |
Cash and cash equivalents | 197.78 | 243.27 | 142.62 | 136.13 | 107.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | B | B | B |
Variable visualization
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