IDTCE ApS — Credit Rating and Financial Key Figures

CVR number: 38475134
Amsterdamvej 25, 2300 København S

Credit rating

Company information

Official name
IDTCE ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About IDTCE ApS

IDTCE ApS (CVR number: 38475134) is a company from KØBENHAVN. The company recorded a gross profit of 2350.6 kDKK in 2023. The operating profit was 761.2 kDKK, while net earnings were 531.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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. IDTCE ApS's liquidity measured by quick ratio was 3.4 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 profit554.001 626.343 552.882 650.442 350.60
EBIT29.73349.951 328.711 015.77761.25
Net earnings22.81227.41386.39193.00531.35
Shareholders equity total618.71846.121 232.511 425.511 956.86
Balance sheet total (assets)1 066.231 685.082 380.312 366.662 764.12
Net debt- 752.23-1 532.82- 738.54-1 652.08- 456.21
Profitability
EBIT-%
ROA3.3 %22.5 %33.9 %18.1 %27.6 %
ROE3.8 %31.0 %37.2 %14.5 %31.4 %
ROI4.7 %38.7 %54.1 %26.2 %37.4 %
Economic value added (EVA)31.16280.021 075.34800.29619.27
Solvency
Equity ratio58.0 %50.2 %51.8 %60.2 %70.8 %
Gearing1.3 %10.4 %31.2 %16.1 %8.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.01.82.53.4
Current ratio2.52.01.82.53.4
Cash and cash equivalents760.031 621.211 122.871 881.32629.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:27.6%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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