CTL, Vejle Holding 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CTL, Vejle Holding 2 ApS
CTL, Vejle Holding 2 ApS (CVR number: 38436937) is a company from IKAST-BRANDE. The company recorded a gross profit of -48 kDKK in 2023. The operating profit was -48 kDKK, while net earnings were -28.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CTL, Vejle Holding 2 ApS's liquidity measured by quick ratio was 94.9 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 | -8.75 | -6.38 | -38.85 | -51.09 | -47.99 |
EBIT | -8.75 | -6.38 | -38.85 | -51.09 | -47.99 |
Net earnings | 82.12 | 153.77 | 750.44 | 497.39 | -28.55 |
Shareholders equity total | 1 256.19 | 1 409.96 | 1 560.40 | 1 307.79 | 979.24 |
Balance sheet total (assets) | 1 279.16 | 1 456.57 | 1 574.00 | 1 318.18 | 985.49 |
Net debt | -1 217.13 | -1 391.86 | -1 305.85 | -1 081.72 | - 575.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 14.7 % | 49.9 % | 48.9 % | 9.2 % |
ROE | 6.5 % | 11.5 % | 50.5 % | 34.7 % | -2.5 % |
ROI | 6.9 % | 15.0 % | 50.7 % | 49.1 % | 9.3 % |
Economic value added (EVA) | -8.83 | -5.69 | -38.39 | -52.05 | -61.04 |
Solvency | |||||
Equity ratio | 98.2 % | 96.8 % | 99.1 % | 99.2 % | 99.4 % |
Gearing | 0.3 % | 0.5 % | 0.4 % | 0.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 54.8 | 30.8 | 98.9 | 105.4 | 94.9 |
Current ratio | 54.8 | 30.8 | 98.9 | 105.4 | 94.9 |
Cash and cash equivalents | 1 221.13 | 1 398.55 | 1 312.53 | 1 085.86 | 575.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
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