Branche IT ApS

CVR number: 41124598
Porschevej 3, 7100 Vejle

Credit rating

Company information

Official name
Branche IT ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About Branche IT ApS

Branche IT ApS (CVR number: 41124598) is a company from VEJLE. The company recorded a gross profit of -19.5 kDKK in 2023. The operating profit was -19.5 kDKK, while net earnings were -19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Branche IT ApS's liquidity measured by quick ratio was 18.3 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
2020202120222023
Volume
Net sales
Gross profit105.65-6.23-18.77-19.46
EBIT5.65- 506.23-18.77-19.46
Net earnings3.43- 516.74-25.76-19.46
Shareholders equity total1 203.43686.69660.93641.47
Balance sheet total (assets)1 271.82732.02706.93678.64
Net debt- 562.45- 700.20- 616.78- 646.56
Profitability
EBIT-%
ROA0.4 %-50.5 %-2.6 %-2.8 %
ROE0.3 %-54.7 %-3.8 %-3.0 %
ROI0.5 %-52.0 %-2.7 %-2.9 %
Economic value added (EVA)3.43- 540.18-16.58-20.54
Solvency
Equity ratio94.6 %93.8 %93.5 %94.5 %
Gearing2.2 %4.4 %3.4 %2.8 %
Relative net indebtedness %
Liquidity
Quick ratio11.316.115.418.3
Current ratio11.316.115.418.3
Cash and cash equivalents589.47730.16639.28664.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBC

Variable visualization

ROA:-2.81%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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