Copenhagen Tech Group ApS — Credit Rating and Financial Key Figures

CVR number: 40022171
Willy Brandts Vej 13, 2450 København SV
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Credit rating

Company information

Official name
Copenhagen Tech Group ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Copenhagen Tech Group ApS

Copenhagen Tech Group ApS (CVR number: 40022171) is a company from KØBENHAVN. The company recorded a gross profit of -18.7 kDKK in 2024. The operating profit was -18.7 kDKK, while net earnings were 620.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 60.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Copenhagen Tech Group ApS's liquidity measured by quick ratio was 30.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 881.821 126.1979.00-79.00-18.71
EBIT380.92- 385.77-18.00-79.00-18.71
Net earnings261.78- 592.06-1 092.00- 385.00620.66
Shareholders equity total157.532 190.681 098.00714.001 334.41
Balance sheet total (assets)5 630.0911 082.9710 386.0010 431.0010 389.33
Net debt4 910.988 316.759 275.009 655.009 024.90
Profitability
EBIT-%
ROA7.1 %-4.6 %7.9 %-0.8 %7.2 %
ROE10.1 %-50.4 %-66.4 %-42.5 %60.6 %
ROI7.5 %-4.9 %-8.5 %-0.8 %7.2 %
Economic value added (EVA)19.49- 629.23- 549.64- 600.29- 542.71
Solvency
Equity ratio2.8 %19.8 %10.6 %6.8 %12.8 %
Gearing3174.0 %382.5 %844.8 %1360.5 %678.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.525.330.5
Current ratio0.60.40.525.330.5
Cash and cash equivalents89.0263.081.0059.0030.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.16%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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