EXEC-IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EXEC-IT ApS
EXEC-IT ApS (CVR number: 33969600) is a company from HØRSHOLM. The company reported a net sales of 4.2 mDKK in 2023, demonstrating a decline of -39.9 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 0.1 mDKK), while net earnings were 57 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EXEC-IT ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 127.35 | 7 045.56 | 4 231.16 | ||
Gross profit | 566.30 | 2 617.97 | 2 693.52 | 3 326.98 | 2 653.17 |
EBIT | - 463.70 | 847.35 | 797.73 | 535.59 | 109.09 |
Net earnings | - 475.63 | 768.67 | 585.39 | 374.30 | 57.01 |
Shareholders equity total | - 116.39 | 652.27 | 837.66 | 511.96 | 198.97 |
Balance sheet total (assets) | 1 041.57 | 1 419.16 | 2 227.54 | 1 523.44 | 539.64 |
Net debt | 758.25 | 134.26 | - 610.73 | - 848.45 | - 386.57 |
Profitability | |||||
EBIT-% | 9.8 % | 7.6 % | 2.6 % | ||
ROA | -49.6 % | 67.4 % | 44.2 % | 28.6 % | 10.6 % |
ROE | -67.9 % | 90.8 % | 78.6 % | 55.5 % | 16.0 % |
ROI | -75.5 % | 104.7 % | 93.2 % | 76.3 % | 27.6 % |
Economic value added (EVA) | - 534.42 | 763.03 | 570.98 | 361.39 | 39.44 |
Solvency | |||||
Equity ratio | -10.1 % | 46.0 % | 37.6 % | 33.6 % | 36.9 % |
Gearing | -659.3 % | 36.8 % | 10.6 % | 13.0 % | |
Relative net indebtedness % | 9.6 % | 1.5 % | -1.7 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 1.8 | 1.6 | 1.5 | 1.6 |
Current ratio | 0.9 | 1.8 | 1.6 | 1.5 | 1.6 |
Cash and cash equivalents | 9.15 | 105.53 | 610.73 | 902.60 | 412.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.5 | 22.9 | 10.6 | ||
Net working capital % | 10.3 % | 7.3 % | 4.7 % | ||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | B |
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