ICT HOLDING A/S — Credit Rating and Financial Key Figures

ICT HOLDING A/S (CVR number: 29324786K) is a company from HERNING. The company recorded a gross profit of 36.6 mDKK in 2020. The operating profit was 16.2 mDKK, while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 31 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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. ICT HOLDING A/S's liquidity measured by quick ratio was 2.2 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.