INTECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INTECH ApS
INTECH ApS (CVR number: 24234738) is a company from KØBENHAVN. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -27.3 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 0.1 mDKK), while net earnings were 723.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. INTECH ApS's liquidity measured by quick ratio was 19.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 687.23 | 3 335.21 | 2 272.52 | 1 692.20 | 1 230.16 |
Gross profit | 3 795.54 | 3 883.24 | 2 789.62 | 2 148.25 | 1 802.05 |
EBIT | 1 489.94 | 1 645.39 | 1 078.40 | 453.77 | 78.63 |
Net earnings | 2 139.31 | 2 049.24 | 2 476.76 | -1 548.58 | 723.40 |
Shareholders equity total | 17 399.00 | 19 337.64 | 21 701.40 | 20 038.42 | 20 644.02 |
Balance sheet total (assets) | 29 550.83 | 30 737.64 | 32 086.55 | 29 493.52 | 29 147.87 |
Net debt | -61.10 | -3 219.40 | -5 372.11 | -2 884.69 | -4 190.78 |
Profitability | |||||
EBIT-% | 40.4 % | 49.3 % | 47.5 % | 26.8 % | 6.4 % |
ROA | 10.3 % | 10.7 % | 8.3 % | 2.3 % | 6.0 % |
ROE | 13.1 % | 11.2 % | 12.1 % | -7.4 % | 3.6 % |
ROI | 10.7 % | 11.3 % | 8.8 % | 2.4 % | 6.1 % |
Economic value added (EVA) | 386.06 | 478.20 | 71.10 | - 379.04 | - 735.63 |
Solvency | |||||
Equity ratio | 58.9 % | 63.0 % | 67.7 % | 68.1 % | 70.9 % |
Gearing | 61.9 % | 49.1 % | 42.5 % | 44.7 % | 39.0 % |
Relative net indebtedness % | 35.8 % | -39.5 % | -185.3 % | -140.6 % | -303.8 % |
Liquidity | |||||
Quick ratio | 4.4 | 5.9 | 9.4 | 12.5 | 19.8 |
Current ratio | 4.4 | 5.8 | 9.2 | 11.9 | 19.2 |
Cash and cash equivalents | 10 833.51 | 12 717.23 | 14 596.67 | 11 834.78 | 12 240.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 94.7 | 66.9 | 52.8 | 58.0 | 80.8 |
Net working capital % | -39.9 % | -39.1 % | -43.1 % | -3.1 % | 12.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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