ALLEGRO IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALLEGRO IT ApS
ALLEGRO IT ApS (CVR number: 34593701) is a company from RANDERS. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -40.3 % compared to the previous year. The operating profit percentage was poor at -22.3 % (EBIT: -0 mDKK), while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALLEGRO IT ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 275.74 | 164.52 | |||
| Gross profit | 114.32 | 424.62 | 361.60 | 226.83 | 108.48 |
| EBIT | 53.37 | 55.12 | 43.98 | - 113.62 | -36.64 |
| Net earnings | 48.68 | 40.80 | 32.68 | - 116.21 | -3.57 |
| Shareholders equity total | 78.64 | 119.44 | 152.12 | 35.91 | 32.34 |
| Balance sheet total (assets) | 131.52 | 281.72 | 236.79 | 70.14 | 60.61 |
| Net debt | - 131.52 | - 268.19 | - 142.27 | -4.67 | 21.30 |
| Profitability | |||||
| EBIT-% | -41.2 % | -22.3 % | |||
| ROA | 54.0 % | 26.7 % | 17.0 % | -74.0 % | -56.0 % |
| ROE | 89.6 % | 41.2 % | 24.1 % | -123.6 % | -10.5 % |
| ROI | 94.8 % | 55.1 % | 32.5 % | -116.7 % | -73.2 % |
| Economic value added (EVA) | 50.56 | 45.40 | 41.49 | - 114.12 | -27.25 |
| Solvency | |||||
| Equity ratio | 59.8 % | 42.4 % | 64.2 % | 51.2 % | 53.4 % |
| Gearing | 18.7 % | 77.9 % | |||
| Relative net indebtedness % | 8.3 % | 14.8 % | |||
| Liquidity | |||||
| Quick ratio | 2.6 | 1.7 | 3.2 | 2.0 | 2.1 |
| Current ratio | 2.6 | 1.7 | 3.2 | 2.0 | 2.1 |
| Cash and cash equivalents | 131.52 | 268.19 | 142.27 | 11.38 | 3.90 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 75.1 | 47.8 | |||
| Net working capital % | 13.0 % | 19.7 % | |||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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