CTB Denmark Holding ApS — Credit Rating and Financial Key Figures

CTB Denmark Holding ApS (CVR number: 37971006K) is a company from KØBENHAVN. The company reported a net sales of 417.9 mDKK in 2023, demonstrating a growth of 4 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 23.6 mDKK), while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. CTB Denmark Holding 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.