AZITECH ApS — Credit Rating and Financial Key Figures

CVR number: 29417717
Industrivej 2, 5550 Langeskov
rl@azitech.dk
tel: 66130768

Credit rating

Company information

Official name
AZITECH ApS
Personnel
4 persons
Established
2006
Company form
Private limited company
Industry

About AZITECH ApS

AZITECH ApS (CVR number: 29417717) is a company from KERTEMINDE. The company recorded a gross profit of 3706 kDKK in 2024. The operating profit was 1280.4 kDKK, while net earnings were 1020.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54 %, which can be considered excellent and Return on Equity (ROE) was 50.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. AZITECH ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 886.378 913.162 271.902 754.313 705.98
EBIT2 690.666 222.61- 179.9066.221 280.40
Net earnings1 754.335 061.0069.16- 150.101 020.67
Shareholders equity total2 757.317 818.31387.47-12.631 008.04
Balance sheet total (assets)7 073.4810 797.6210 681.213 000.812 006.75
Net debt-1 255.53-8 910.0062.26560.79- 846.96
Profitability
EBIT-%
ROA55.9 %76.2 %4.9 %1.6 %54.0 %
ROE93.3 %95.7 %1.7 %-8.9 %50.9 %
ROI75.9 %104.5 %5.9 %1.9 %80.9 %
Economic value added (EVA)1 955.294 611.48- 545.64- 440.15877.98
Solvency
Equity ratio39.0 %72.5 %3.6 %-0.4 %50.2 %
Gearing70.5 %3.8 %2420.9 %-18038.5 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.63.51.00.81.6
Current ratio1.63.61.01.01.9
Cash and cash equivalents3 199.289 209.089 317.851 718.20865.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:54.0%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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