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Phone-it A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Phone-it A/S
Phone-it A/S (CVR number: 21588946) is a company from HOLBÆK. The company recorded a gross profit of -29 kDKK in 2024. The operating profit was -333.3 kDKK, while net earnings were -377.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -44.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Phone-it A/S's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 627.19 | -1 017.87 | 522.03 | 237.63 | -28.96 |
| EBIT | 353.32 | -1 337.40 | 217.18 | -66.66 | - 333.29 |
| Net earnings | 257.34 | - 919.33 | 205.28 | - 116.48 | - 377.69 |
| Shareholders equity total | 3 072.06 | 1 652.74 | 1 358.01 | 1 041.53 | 663.84 |
| Balance sheet total (assets) | 4 731.79 | 3 141.36 | 2 871.88 | 2 262.50 | 1 940.60 |
| Net debt | - 572.95 | - 914.56 | - 926.67 | - 598.98 | - 181.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.1 % | -34.0 % | 9.7 % | -2.5 % | -15.8 % |
| ROE | 8.7 % | -38.9 % | 13.6 % | -9.7 % | -44.3 % |
| ROI | 8.6 % | -35.2 % | 10.0 % | -2.6 % | -16.3 % |
| Economic value added (EVA) | 66.36 | -1 121.50 | 14.93 | - 202.88 | - 442.78 |
| Solvency | |||||
| Equity ratio | 64.9 % | 52.6 % | 47.3 % | 46.0 % | 34.2 % |
| Gearing | 32.5 % | 85.4 % | 101.3 % | 109.2 % | 184.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.5 | 1.8 | 1.9 | 1.9 | 1.5 |
| Current ratio | 3.5 | 1.8 | 1.9 | 1.9 | 1.5 |
| Cash and cash equivalents | 1 570.87 | 2 326.18 | 2 301.70 | 1 736.36 | 1 409.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | BBB |
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