IT-CUBE ApS — Credit Rating and Financial Key Figures

CVR number: 26078865
Howitzvej 50 B, 2000 Frederiksberg
jdc@it-cube.com
tel: 29444522

Credit rating

Company information

Official name
IT-CUBE ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About IT-CUBE ApS

IT-CUBE ApS (CVR number: 26078865) is a company from FREDERIKSBERG. The company recorded a gross profit of 1585.7 kDKK in 2024. The operating profit was 819 kDKK, while net earnings were 651.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.2 %, which can be considered excellent and Return on Equity (ROE) was 53.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. IT-CUBE ApS's liquidity measured by quick ratio was 3.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 465.881 269.521 611.581 632.001 585.72
EBIT286.13264.81642.90606.98818.96
Net earnings194.96160.07447.26458.33651.72
Shareholders equity total905.36865.421 112.691 123.751 317.15
Balance sheet total (assets)2 380.382 389.721 754.231 938.221 770.17
Net debt-1 013.47-1 144.03-1 502.77-1 475.85-1 586.27
Profitability
EBIT-%
ROA13.0 %11.1 %31.0 %33.0 %45.2 %
ROE21.5 %18.1 %45.2 %41.0 %53.4 %
ROI17.1 %13.5 %37.4 %43.9 %60.9 %
Economic value added (EVA)146.30114.45393.76403.23565.48
Solvency
Equity ratio38.0 %36.2 %63.4 %58.0 %74.4 %
Gearing101.7 %141.9 %20.8 %27.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.62.72.43.8
Current ratio1.71.62.72.43.8
Cash and cash equivalents1 934.152 371.781 734.691 786.801 586.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:45.2%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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