ITP Danmark A/S

CVR number: 38813064
Sundkrogsgade 21, 2100 København Ø
https://itp-group.org/

Credit rating

Company information

Official name
ITP Danmark A/S
Established
2017
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

ITP Danmark A/S (CVR number: 38813064) is a company from KØBENHAVN. The company recorded a gross profit of 6405.4 kDKK in 2023. The operating profit was 458 kDKK, while net earnings were 78.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. ITP Danmark A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 622.704 468.726 639.656 130.566 405.41
EBIT-1 175.20249.47364.42342.31458.01
Net earnings-1 572.90221.66401.25553.0378.50
Shareholders equity total784.861 006.521 407.771 960.802 039.31
Balance sheet total (assets)1 671.811 818.401 947.872 254.243 533.95
Net debt- 633.08- 198.81- 246.46- 161.37- 795.17
Profitability
EBIT-%
ROA-78.7 %15.3 %22.1 %3.7 %6.8 %
ROE-203.9 %24.7 %33.2 %32.8 %3.9 %
ROI-104.2 %30.2 %34.1 %15.8 %7.8 %
Economic value added (EVA)-1 153.56241.85323.83184.69327.43
Solvency
Equity ratio46.9 %55.4 %72.3 %87.0 %57.7 %
Gearing49.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.03.22.91.5
Current ratio1.82.03.22.91.5
Cash and cash equivalents633.08198.81246.46161.371 802.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.75%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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