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

ITM8 Holding A/S (CVR number: 37621285) is a company from HERNING. The company recorded a gross profit of 83.1 mDKK in 2023. The operating profit was -5033 kDKK, while net earnings were 38.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ITM8 Holding A/S's liquidity measured by quick ratio was 0.1 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.