CEETEC A/S — Credit Rating and Financial Key Figures

CEETEC A/S (CVR number: 12579888) is a company from MIDDELFART. The company recorded a gross profit of 26.4 mDKK in 2023. The operating profit was 2506.2 kDKK, while net earnings were 578.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. CEETEC A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.