SecureTec ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SecureTec ApS
SecureTec ApS (CVR number: 34608180) is a company from TÅRNBY. The company recorded a gross profit of 1340.5 kDKK in 2023. The operating profit was -24.6 kDKK, while net earnings were -20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. SecureTec ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 084.88 | 1 030.54 | 1 135.72 | 1 393.40 | 1 340.48 |
EBIT | 290.36 | 139.76 | 127.49 | 313.66 | -24.61 |
Net earnings | 238.00 | 106.16 | 92.66 | 240.11 | -20.82 |
Shareholders equity total | 240.18 | 346.34 | 439.00 | 679.12 | 658.29 |
Balance sheet total (assets) | 1 469.41 | 1 382.44 | 1 207.87 | 1 684.88 | 1 304.44 |
Net debt | 526.84 | -58.85 | 197.32 | - 169.39 | - 754.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.8 % | 9.8 % | 9.8 % | 21.7 % | -1.5 % |
ROE | 196.4 % | 36.2 % | 23.6 % | 42.9 % | -3.1 % |
ROI | 40.9 % | 16.8 % | 18.3 % | 35.8 % | -2.6 % |
Economic value added (EVA) | 251.77 | 108.81 | 99.27 | 227.86 | -28.88 |
Solvency | |||||
Equity ratio | 16.3 % | 25.1 % | 36.3 % | 40.3 % | 50.5 % |
Gearing | 320.6 % | 85.3 % | 70.9 % | 47.8 % | 11.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.2 | 1.5 | 1.9 |
Current ratio | 1.1 | 1.2 | 1.5 | 1.7 | 2.0 |
Cash and cash equivalents | 243.28 | 354.13 | 113.81 | 494.21 | 827.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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