Best Practice IT ApS — Credit Rating and Financial Key Figures

CVR number: 40032304
Lyngebækgårds Alle 12, 2990 Nivå

Credit rating

Company information

Official name
Best Practice IT ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Best Practice IT ApS

Best Practice IT ApS (CVR number: 40032304) is a company from FREDENSBORG. The company recorded a gross profit of 249.8 kDKK in 2024. The operating profit was 27.9 kDKK, while net earnings were 173.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Best Practice IT ApS's liquidity measured by quick ratio was 15.4 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 profit443.61420.711 429.011 253.28249.83
EBIT259.50420.71815.97566.9327.93
Net earnings158.9778.04414.83475.27173.76
Shareholders equity total886.70908.251 265.871 682.241 795.00
Balance sheet total (assets)898.631 035.301 388.961 738.071 919.44
Net debt- 887.46- 808.34-1 064.56-1 726.77-1 586.32
Profitability
EBIT-%
ROA64.6 %68.0 %94.9 %47.3 %12.2 %
ROE18.5 %8.7 %38.2 %32.2 %10.0 %
ROI74.7 %73.2 %105.8 %50.2 %12.8 %
Economic value added (EVA)185.34326.22629.97431.3424.03
Solvency
Equity ratio98.7 %87.7 %91.1 %96.8 %93.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio75.38.111.331.115.4
Current ratio75.38.111.331.115.4
Cash and cash equivalents887.46808.341 064.561 726.771 586.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.5%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.