ITP Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 38813064
Strandvejen 125, 2900 Hellerup
https://itp-group.org/

Credit rating

Company information

Official name
ITP Danmark A/S
Personnel
3 persons
Established
2017
Company form
Limited company
Industry

About ITP Danmark A/S

ITP Danmark A/S (CVR number: 38813064) is a company from KØBENHAVN. The company recorded a gross profit of 5365.3 kDKK in 2024. The operating profit was 508 kDKK, while net earnings were 403 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ITP Danmark A/S's liquidity measured by quick ratio was 5.6 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 profit4 468.726 639.656 130.566 355.555 365.28
EBIT249.47364.42342.31458.01508.04
Net earnings221.66401.25553.0378.50402.97
Shareholders equity total1 006.521 407.771 960.802 039.312 442.27
Balance sheet total (assets)1 818.401 947.872 254.243 533.952 711.65
Net debt- 198.81- 246.46- 161.37- 795.17- 227.35
Profitability
EBIT-%
ROA15.3 %22.1 %3.7 %6.8 %16.6 %
ROE24.7 %33.2 %32.8 %3.9 %18.0 %
ROI30.2 %34.1 %15.8 %7.8 %18.7 %
Economic value added (EVA)241.85323.83184.69327.43441.64
Solvency
Equity ratio55.4 %72.3 %87.0 %57.7 %90.1 %
Gearing49.4 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.22.91.55.6
Current ratio2.03.22.91.55.6
Cash and cash equivalents198.81246.46161.371 802.17279.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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