IT-point ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IT-point ApS
IT-point ApS (CVR number: 38650114) is a company from ODENSE. The company recorded a gross profit of -290.3 kDKK in 2023. The operating profit was -302.4 kDKK, while net earnings were -235.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.2 %, which can be considered poor and Return on Equity (ROE) was -81.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IT-point ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 37.08 | 743.76 | 308.21 | 461.46 | - 290.32 |
EBIT | - 404.20 | 261.79 | 277.53 | 449.20 | - 302.42 |
Net earnings | - 404.47 | 203.86 | 298.03 | 167.64 | - 235.05 |
Shareholders equity total | - 262.31 | -58.45 | 239.57 | 407.21 | 172.16 |
Balance sheet total (assets) | 119.60 | 723.18 | 725.01 | 1 057.18 | 815.54 |
Net debt | 193.59 | 396.65 | - 236.48 | - 502.72 | - 124.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -117.4 % | 45.0 % | 36.8 % | 50.5 % | -32.2 % |
ROE | -285.1 % | 48.4 % | 61.9 % | 51.8 % | -81.1 % |
ROI | -153.0 % | 77.6 % | 61.0 % | 65.0 % | -37.1 % |
Economic value added (EVA) | - 409.45 | 219.84 | 304.11 | 306.15 | - 206.14 |
Solvency | |||||
Equity ratio | -68.7 % | -7.5 % | 33.0 % | 38.5 % | 21.1 % |
Gearing | -92.4 % | -739.6 % | 99.4 % | 122.7 % | 317.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.9 | 1.5 | 1.6 | 1.3 |
Current ratio | 0.3 | 0.9 | 1.5 | 1.6 | 1.3 |
Cash and cash equivalents | 48.72 | 35.70 | 474.54 | 1 002.53 | 670.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BBB | BB |
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