it's IT A/S — Credit Rating and Financial Key Figures

CVR number: 26091896
Visionsvej 51, 9000 Aalborg
tel: 70250740

Credit rating

Company information

Official name
it's IT A/S
Personnel
31 persons
Established
2001
Company form
Limited company
Industry

About it's IT A/S

it's IT A/S (CVR number: 26091896) is a company from AALBORG. The company recorded a gross profit of 27.1 mDKK in 2024. The operating profit was 5182.2 kDKK, while net earnings were 4114.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 53.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.7 %, 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. it's IT A/S's liquidity measured by quick ratio was 1.7 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 profit16 964.0021 521.0022 301.6723 653.2127 126.38
EBIT16 964.0021 521.002 366.544 525.625 182.19
Net earnings1 316.001 789.001 814.093 574.264 114.34
Shareholders equity total2 843.004 332.005 346.377 220.628 134.96
Balance sheet total (assets)9 386.0010 374.0011 898.0316 000.1817 869.13
Net debt-1 614.82-4 282.25-5 238.66
Profitability
EBIT-%
ROA201.1 %217.8 %21.6 %33.3 %31.5 %
ROE58.7 %49.9 %37.5 %56.9 %53.6 %
ROI201.1 %217.8 %29.9 %70.0 %67.1 %
Economic value added (EVA)16 881.6921 378.141 613.033 375.173 915.25
Solvency
Equity ratio100.0 %100.0 %45.8 %45.4 %45.7 %
Gearing2.1 %1.9 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.71.7
Current ratio1.81.81.8
Cash and cash equivalents1 724.844 417.055 319.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBABBBBBB

Variable visualization

ROA:31.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.7%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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