MULTITECH ApS — Credit Rating and Financial Key Figures

CVR number: 27252966
Septembervej 22, 2860 Søborg
christian.gath@gmail.com
tel: 44538550

Credit rating

Company information

Official name
MULTITECH ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About MULTITECH ApS

MULTITECH ApS (CVR number: 27252966) is a company from GLADSAXE. The company recorded a gross profit of 182.2 kDKK in 2023. The operating profit was 180.8 kDKK, while net earnings were 151.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 135.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MULTITECH ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit929.68106.60-17.7443.06182.21
EBIT-68.28-58.11-18.5543.20180.81
Net earnings-68.28-63.06-10.6241.50151.84
Shareholders equity total68.185.12-5.5035.99187.83
Balance sheet total (assets)1 192.471 179.671 106.521 076.741 088.42
Net debt731.92837.99878.64822.85586.47
Profitability
EBIT-%
ROA-5.3 %-4.9 %-1.6 %3.9 %17.4 %
ROE-35.5 %-172.1 %-1.9 %7.3 %135.7 %
ROI-5.9 %-5.3 %-1.8 %4.2 %17.9 %
Economic value added (EVA)-62.68-46.86-8.0049.64187.96
Solvency
Equity ratio5.7 %0.4 %-0.5 %3.3 %17.3 %
Gearing1544.4 %20572.5 %-18189.5 %2781.6 %472.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.50.50.7
Current ratio1.11.01.01.01.2
Cash and cash equivalents320.98214.91122.51178.30300.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.3%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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