IT-SOURCING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IT-SOURCING ApS
IT-SOURCING ApS (CVR number: 34730431) is a company from FAXE. The company recorded a gross profit of 1601.8 kDKK in 2024. The operating profit was -581.2 kDKK, while net earnings were -409.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28 %, which can be considered poor and Return on Equity (ROE) was -71.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. IT-SOURCING ApS's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 192.90 | 996.86 | 3 760.02 | 3 433.97 | 1 601.80 |
EBIT | - 254.32 | 126.68 | 451.98 | 868.59 | - 581.18 |
Net earnings | - 209.23 | 91.15 | 340.92 | 692.84 | - 409.23 |
Shareholders equity total | - 146.66 | -55.51 | 285.41 | 778.25 | 369.02 |
Balance sheet total (assets) | 129.41 | 228.46 | 1 034.53 | 1 558.69 | 1 598.82 |
Net debt | 49.80 | - 131.84 | - 513.28 | -94.92 | -3.40 |
Profitability | |||||
EBIT-% | |||||
ROA | -83.1 % | 45.8 % | 68.6 % | 69.8 % | -28.0 % |
ROE | -218.0 % | 50.9 % | 132.7 % | 130.3 % | -71.3 % |
ROI | -267.8 % | 312.9 % | 290.9 % | 131.6 % | -53.4 % |
Economic value added (EVA) | - 216.16 | 97.10 | 347.59 | 654.04 | - 527.12 |
Solvency | |||||
Equity ratio | -53.1 % | -19.5 % | 27.6 % | 49.9 % | 23.1 % |
Gearing | -38.6 % | 11.0 % | 24.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.8 | 1.4 | 2.7 | 1.4 |
Current ratio | 0.5 | 0.8 | 1.4 | 2.7 | 1.4 |
Cash and cash equivalents | 6.87 | 131.84 | 513.28 | 180.91 | 94.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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