Copenhagen Tech Group ApS — Credit Rating and Financial Key Figures

CVR number: 40022171
Vedbæk Strandvej 458, 2950 Vedbæk

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 RUDERSDAL. The company recorded a gross profit of -79.4 kDKK in 2023. The operating profit was -79.4 kDKK, while net earnings were -384.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -42.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.8 %, 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 24 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit441.501 881.821 126.1979.00-79.44
EBIT- 193.93380.92- 385.77-18.00-79.44
Net earnings- 154.25261.78- 592.06-1 092.00- 384.74
Shareholders equity total- 104.25157.532 190.681 098.00713.75
Balance sheet total (assets)5 036.525 630.0911 082.9710 386.0010 430.47
Net debt4 801.984 910.988 316.759 275.009 654.92
Profitability
EBIT-%
ROA-3.8 %7.1 %-4.6 %7.9 %-0.8 %
ROE-3.1 %10.1 %-50.4 %-66.4 %-42.5 %
ROI-3.9 %7.5 %-4.9 %-8.5 %-0.8 %
Economic value added (EVA)- 151.62335.14- 100.86370.97211.16
Solvency
Equity ratio-2.0 %2.8 %19.8 %10.6 %6.8 %
Gearing-4796.7 %3174.0 %382.5 %844.8 %1360.9 %
Relative net indebtedness %
Liquidity
Quick ratio27.80.60.40.524.0
Current ratio27.80.60.40.524.0
Cash and cash equivalents198.7689.0263.081.0058.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-0.76%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.84%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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