DETECTsystem LAB A/S — Credit Rating and Financial Key Figures

CVR number: 39735687
Tirsbækvej 191, 7120 Vejle Øst
es@detectsystem.com
tel: 31269006

Credit rating

Company information

Official name
DETECTsystem LAB A/S
Personnel
5 persons
Established
2018
Company form
Limited company
Industry
  • Expand more icon603900

About DETECTsystem LAB A/S

DETECTsystem LAB A/S (CVR number: 39735687) is a company from VEJLE. The company recorded a gross profit of 1251.1 kDKK in 2023. The operating profit was -1829.8 kDKK, while net earnings were -1655.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.6 %, which can be considered poor and Return on Equity (ROE) was -26.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. DETECTsystem LAB A/S's liquidity measured by quick ratio was 0.6 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 profit1 142.63- 323.91514.061 493.761 251.10
EBIT868.39-1 232.35-1 189.11- 570.24-1 829.79
Net earnings667.31- 303.12128.481 575.07-1 655.30
Shareholders equity total3 030.972 727.855 545.077 120.145 464.85
Balance sheet total (assets)5 669.565 427.576 190.518 434.408 080.38
Net debt1 407.202 257.06384.5779.731 661.35
Profitability
EBIT-%
ROA15.4 %-14.0 %-3.1 %19.9 %-24.6 %
ROE22.0 %-10.5 %3.1 %24.9 %-26.3 %
ROI15.5 %-14.2 %-3.2 %20.9 %-26.5 %
Economic value added (EVA)677.34- 763.15- 782.32- 409.18-1 265.25
Solvency
Equity ratio53.5 %50.3 %89.6 %84.4 %67.6 %
Gearing77.1 %94.2 %8.3 %6.7 %31.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.31.31.30.6
Current ratio1.40.31.31.30.6
Cash and cash equivalents930.13313.8173.85397.3665.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-24.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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