IT-EL Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 28895690
Industrivej Vest 16, 6600 Vejen

Credit rating

Company information

Official name
IT-EL Ejendomme ApS
Personnel
5 persons
Established
2005
Company form
Private limited company
Industry

About IT-EL Ejendomme ApS

IT-EL Ejendomme ApS (CVR number: 28895690) is a company from VEJEN. The company recorded a gross profit of 440.6 kDKK in 2024. The operating profit was 359.3 kDKK, while net earnings were 128.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IT-EL Ejendomme ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit104.58156.32106.69261.14440.59
EBIT43.72112.0562.42201.99359.26
Net earnings7.4659.72-31.3231.91128.13
Shareholders equity total853.89913.61382.29414.20542.34
Balance sheet total (assets)2 034.091 798.913 946.913 979.715 711.40
Net debt840.68573.493 372.853 116.664 757.23
Profitability
EBIT-%
ROA2.8 %6.1 %2.2 %5.1 %7.4 %
ROE0.9 %6.8 %-4.8 %8.0 %26.8 %
ROI3.0 %6.7 %2.3 %5.3 %7.9 %
Economic value added (EVA)-47.008.86-28.3585.41212.07
Solvency
Equity ratio42.0 %50.8 %9.7 %10.4 %9.5 %
Gearing107.5 %74.6 %882.3 %779.2 %877.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.70.00.5
Current ratio1.51.70.00.5
Cash and cash equivalents77.32108.39110.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.42%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.50%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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