Current Technology ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Current Technology ApS
Current Technology ApS (CVR number: 27221300) is a company from REBILD. The company recorded a gross profit of 1143.8 kDKK in 2023. The operating profit was -504.8 kDKK, while net earnings were -415.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.6 %, which can be considered poor and Return on Equity (ROE) was -32.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Current Technology ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 070.26 | 3 024.60 | 2 613.02 | 2 361.07 | 1 143.76 |
EBIT | 441.32 | 402.90 | 53.88 | 233.47 | - 504.77 |
Net earnings | 306.03 | 265.18 | 11.46 | 128.84 | - 415.46 |
Shareholders equity total | 1 065.88 | 1 331.06 | 1 342.52 | 1 471.36 | 1 055.90 |
Balance sheet total (assets) | 3 619.37 | 4 008.14 | 2 950.11 | 2 610.83 | 2 514.86 |
Net debt | 1 462.59 | 822.78 | 785.64 | -31.15 | - 213.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.6 % | 10.7 % | 1.7 % | 8.5 % | -19.6 % |
ROE | 33.5 % | 22.1 % | 0.9 % | 9.2 % | -32.9 % |
ROI | 19.8 % | 16.2 % | 2.6 % | 11.9 % | -32.2 % |
Economic value added (EVA) | 306.71 | 259.52 | -26.42 | 114.12 | - 456.97 |
Solvency | |||||
Equity ratio | 29.4 % | 33.2 % | 45.5 % | 56.4 % | 42.0 % |
Gearing | 137.2 % | 61.8 % | 58.5 % | 12.8 % | 31.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 1.0 | 1.6 | 1.1 |
Current ratio | 1.3 | 1.2 | 1.5 | 1.9 | 1.4 |
Cash and cash equivalents | 219.71 | 540.39 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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