ITM8 Holding A/S — Credit Rating and Financial Key Figures

ITM8 Holding A/S (CVR number: 37621285K) is a company from HERNING. The company recorded a gross profit of 82.1 mDKK in 2016. The operating profit was 8398 kDKK, while net earnings were 2947 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. ITM8 Holding A/S's liquidity measured by quick ratio was 0.3 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.