ITU BUSINESS DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 36446358
Rued Langgaards Vej 7, 2300 København S

Credit rating

Company information

Official name
ITU BUSINESS DEVELOPMENT A/S
Personnel
4 persons
Established
2014
Company form
Limited company
Industry

About ITU BUSINESS DEVELOPMENT A/S

ITU BUSINESS DEVELOPMENT A/S (CVR number: 36446358) is a company from KØBENHAVN. The company reported a net sales of 2.6 mDKK in 2024, demonstrating a growth of 31.3 % compared to the previous year. The operating profit percentage was at 28.1 % (EBIT: 0.7 mDKK), while net earnings were 50 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.1 %, which can be considered excellent but Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ITU BUSINESS DEVELOPMENT A/S's liquidity measured by quick ratio was 2.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 482.001 760.001 418.001 951.002 562.00
Gross profit1 250.001 290.001 053.001 077.002 223.00
EBIT- 728.00- 236.00154.00111.00719.00
Net earnings- 813.00- 243.00147.00136.0050.00
Shareholders equity total2 018.001 775.001 922.002 059.002 109.00
Balance sheet total (assets)2 924.002 871.002 538.003 106.003 238.00
Net debt-1 745.00-1 565.00-1 324.00-1 810.00-2 852.00
Profitability
EBIT-%-29.3 %-13.4 %10.9 %5.7 %28.1 %
ROA-20.5 %-8.1 %5.4 %4.9 %50.1 %
ROE-33.5 %-12.8 %8.0 %6.8 %2.4 %
ROI-29.1 %-11.7 %7.6 %7.0 %2.4 %
Economic value added (EVA)- 872.47- 337.4061.4914.42615.54
Solvency
Equity ratio69.0 %61.8 %75.7 %66.3 %65.1 %
Gearing3.7 %
Relative net indebtedness %-33.8 %-30.4 %-49.9 %-39.1 %-67.2 %
Liquidity
Quick ratio2.21.62.52.12.6
Current ratio2.21.62.52.12.6
Cash and cash equivalents1 745.001 631.001 324.001 810.002 852.00
Capital use efficiency
Trade debtors turnover (days)40.05.3
Net working capital %38.4 %35.2 %55.9 %54.4 %68.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:50.1%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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