IDTCE Research ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IDTCE Research ApS
IDTCE Research ApS (CVR number: 41306149) is a company from KØBENHAVN. The company recorded a gross profit of -25.2 kDKK in 2024. The operating profit was -25.2 kDKK, while net earnings were 128.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IDTCE Research ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 211.95 | - 985.04 | - 676.84 | - 801.67 | -25.18 |
EBIT | - 211.95 | - 985.04 | - 676.84 | - 801.67 | -25.18 |
Net earnings | - 125.02 | - 554.15 | - 588.83 | - 502.20 | 128.86 |
Shareholders equity total | -85.02 | 270.83 | 52.00 | - 450.20 | 274.66 |
Balance sheet total (assets) | 336.35 | 1 506.71 | 532.11 | 1 557.24 | 1 323.01 |
Net debt | - 247.16 | - 954.08 | - 360.88 | - 345.36 | - 434.57 |
Profitability | |||||
EBIT-% | |||||
ROA | -50.3 % | -102.0 % | -64.8 % | -62.8 % | -1.5 % |
ROE | -37.2 % | -182.5 % | -364.8 % | -62.4 % | 14.1 % |
ROI | -726.0 % | -409.1 % | -3067.0 % | -18.3 % | |
Economic value added (EVA) | - 125.01 | - 695.11 | - 615.78 | - 507.50 | 4.74 |
Solvency | |||||
Equity ratio | -20.2 % | 18.0 % | 9.8 % | -22.4 % | 20.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 4.2 | 2.9 | 0.8 | 1.3 |
Current ratio | 0.8 | 4.2 | 2.9 | 0.8 | 1.3 |
Cash and cash equivalents | 247.16 | 954.08 | 360.88 | 345.36 | 434.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | BB |
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