LOCAL IT ApS — Credit Rating and Financial Key Figures

LOCAL IT ApS (CVR number: 40770461) is a company from SKANDERBORG. The company recorded a gross profit of 19.3 kDKK in 2024. The operating profit was -23.1 kDKK, while net earnings were -19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30 %, which can be considered poor and Return on Equity (ROE) was -66.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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. LOCAL IT ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.