IT SYSTEMS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21843938
Ulbækhusvej 65, 7120 Vejle Øst
tel: 70201833

Company information

Official name
IT SYSTEMS HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About IT SYSTEMS HOLDING ApS

IT SYSTEMS HOLDING ApS (CVR number: 21843938) is a company from VEJLE. The company recorded a gross profit of -2.3 kDKK in 2023. The operating profit was -2.3 kDKK, while net earnings were 861.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IT SYSTEMS HOLDING ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.86-1.91-1.84-2.24-2.34
EBIT-1.86-1.91-1.84-2.24-2.34
Net earnings91.4910.84127.92-5.36861.64
Shareholders equity total3 713.873 614.113 629.033 509.284 253.12
Balance sheet total (assets)3 730.903 662.733 699.953 623.024 638.22
Net debt- 665.63- 556.74- 669.80- 535.50- 504.62
Profitability
EBIT-%
ROA3.1 %1.1 %4.5 %1.8 %21.4 %
ROE2.5 %0.3 %3.5 %-0.2 %22.2 %
ROI3.1 %1.1 %4.5 %1.8 %22.0 %
Economic value added (EVA)- 188.91- 188.09- 185.09- 185.77- 183.88
Solvency
Equity ratio99.5 %98.7 %98.1 %96.9 %91.7 %
Gearing1.1 %0.8 %3.2 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio39.112.410.05.82.3
Current ratio39.112.410.05.82.3
Cash and cash equivalents665.63597.48700.03649.24679.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:21.4%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.7%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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