CT-Autotech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CT-Autotech ApS
CT-Autotech ApS (CVR number: 37899445) is a company from KOLDING. The company recorded a gross profit of -24.3 kDKK in 2023. The operating profit was -54.4 kDKK, while net earnings were 228.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CT-Autotech ApS's liquidity measured by quick ratio was 5 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 | 600.99 | 332.05 | -23.79 | -22.57 | -24.32 |
EBIT | 132.39 | 51.77 | -55.58 | -53.58 | -54.42 |
Net earnings | 101.11 | 236.99 | 254.57 | 272.18 | 228.84 |
Shareholders equity total | 321.16 | 502.85 | 700.91 | 915.90 | 1 085.84 |
Balance sheet total (assets) | 573.05 | 652.88 | 800.41 | 1 057.32 | 1 269.95 |
Net debt | - 335.26 | - 275.95 | - 253.66 | - 416.31 | - 682.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.7 % | 41.0 % | 33.7 % | 28.4 % | 18.6 % |
ROE | 37.4 % | 57.5 % | 42.3 % | 33.7 % | 22.9 % |
ROI | 42.2 % | 54.2 % | 35.9 % | 28.4 % | 18.6 % |
Economic value added (EVA) | 89.54 | 21.81 | -71.59 | -82.01 | -95.61 |
Solvency | |||||
Equity ratio | 56.0 % | 77.0 % | 87.6 % | 86.6 % | 85.5 % |
Gearing | 12.0 % | 11.6 % | 14.2 % | 15.4 % | 17.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.3 | 3.7 | 4.2 | 5.0 |
Current ratio | 1.7 | 2.3 | 3.7 | 4.2 | 5.0 |
Cash and cash equivalents | 373.94 | 334.20 | 353.15 | 557.73 | 866.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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