CTS TEKNIK K/S

CVR number: 28321848
Miklagårdsvej 3, 3650 Ølstykke

Credit rating

Company information

Official name
CTS TEKNIK K/S
Established
2005
Company form
Limited partnership
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CTS TEKNIK K/S

CTS TEKNIK K/S (CVR number: 28321848) is a company from EGEDAL. The company recorded a gross profit of 591.6 kDKK in 2023. The operating profit was 574.3 kDKK, while net earnings were 566.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 50.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. CTS TEKNIK K/S's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit534.06842.97989.56991.07591.58
EBIT534.06841.17978.85977.09574.32
Net earnings529.61830.76970.01965.15566.92
Shareholders equity total1 198.281 602.401 695.051 337.79915.48
Balance sheet total (assets)1 903.712 726.122 587.882 528.711 385.42
Net debt- 739.85-1 287.20-1 278.70-1 109.88- 469.55
Profitability
EBIT-%
ROA33.4 %36.4 %36.9 %38.7 %29.7 %
ROE47.9 %59.3 %58.8 %63.6 %50.3 %
ROI48.4 %60.2 %59.5 %65.2 %51.5 %
Economic value added (EVA)507.82815.28960.67954.33561.68
Solvency
Equity ratio62.9 %58.8 %65.5 %52.9 %66.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.81.41.4
Current ratio2.72.42.82.12.8
Cash and cash equivalents739.851 287.201 278.701 109.88469.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:29.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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