Sourcing IT ApS — Credit Rating and Financial Key Figures

Sourcing IT ApS (CVR number: 43251325) is a company from Høje-Taastrup. The company reported a net sales of 23.6 mDKK in 2023. The operating profit percentage was at 3.6 % (EBIT: 0.8 mDKK), while net earnings were 622.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 94 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.2 %, 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. Sourcing IT ApS's liquidity measured by quick ratio was 1.1 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.