KvalitetsIT ApS

CVR number: 38163264
Fiskergade 66, 8000 Aarhus C
eva@kvalitetsit.dk
tel: 42919488
https://kvalitetsit.dk

Credit rating

Company information

Official name
KvalitetsIT ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About the company

KvalitetsIT ApS (CVR number: 38163264) is a company from AARHUS. The company reported a net sales of 17.6 mDKK in 2023, demonstrating a growth of 21.4 % compared to the previous year. The operating profit percentage was at 21.3 % (EBIT: 3.7 mDKK), while net earnings were 2907.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.7 %, which can be considered excellent and Return on Equity (ROE) was 60.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. KvalitetsIT 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales10 021.9811 043.9113 323.0414 469.8317 570.93
Gross profit8 072.889 413.8411 332.8512 166.5214 494.78
EBIT2 526.652 623.632 691.552 297.163 745.51
Net earnings1 967.132 020.942 069.291 751.512 907.59
Shareholders equity total2 534.373 055.313 624.603 876.115 733.70
Balance sheet total (assets)5 156.036 266.327 054.576 216.318 551.09
Net debt-3 445.06-3 920.06-3 211.68-2 573.32-5 413.02
Profitability
EBIT-%25.2 %23.8 %20.2 %15.9 %21.3 %
ROA64.9 %45.9 %40.4 %34.6 %50.7 %
ROE106.3 %72.3 %62.0 %46.7 %60.5 %
ROI131.5 %81.4 %65.9 %55.3 %77.6 %
Economic value added (EVA)1 973.252 088.822 140.321 778.922 859.90
Solvency
Equity ratio50.1 %48.8 %53.0 %62.5 %67.6 %
Gearing0.4 %0.1 %
Relative net indebtedness %-8.2 %-6.4 %1.2 %-1.9 %-14.8 %
Liquidity
Quick ratio2.63.03.23.03.8
Current ratio2.43.02.92.93.7
Cash and cash equivalents3 445.063 920.063 211.682 587.775 421.49
Capital use efficiency
Trade debtors turnover (days)47.367.388.280.357.4
Net working capital %28.6 %36.5 %32.4 %26.7 %34.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:50.7%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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