IT3 A/S

CVR number: 20768703
Bannebjergvej 16, 3230 Græsted
tel: 45828474

Credit rating

Company information

Official name
IT3 A/S
Established
1998
Company form
Limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About IT3 A/S

IT3 A/S (CVR number: 20768703) is a company from GRIBSKOV. The company recorded a gross profit of -1.2 kDKK in 2023. The operating profit was -32.4 kDKK, while net earnings were -147.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.2 %, 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. IT3 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
20192020202120222023
Volume
Net sales
Gross profit8.51229.4425.02- 114.71-1.23
EBIT-10.37207.376.58- 157.10-32.37
Net earnings28.95208.6746.26-72.36- 147.59
Shareholders equity total2 610.442 819.112 865.372 793.02-2 873.59
Balance sheet total (assets)2 650.893 006.222 909.292 855.19818.31
Net debt- 265.89- 358.67- 314.72- 189.532 428.63
Profitability
EBIT-%
ROA1.7 %9.5 %2.0 %-2.3 %-1.0 %
ROE1.1 %7.7 %1.6 %-2.6 %-8.2 %
ROI1.8 %9.9 %2.1 %-2.4 %-1.1 %
Economic value added (EVA)- 113.9545.17- 118.06- 289.50- 164.93
Solvency
Equity ratio98.5 %93.8 %98.5 %97.8 %3.2 %
Gearing-100.9 %
Relative net indebtedness %
Liquidity
Quick ratio60.114.760.844.30.6
Current ratio60.114.760.944.30.9
Cash and cash equivalents265.89358.67314.72189.53471.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-0.99%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.23%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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