MAKE IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAKE IT ApS
MAKE IT ApS (CVR number: 21820741) is a company from Høje-Taastrup. The company recorded a gross profit of 1328.7 kDKK in 2024. The operating profit was 539.8 kDKK, while net earnings were 551.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAKE IT ApS's liquidity measured by quick ratio was 11 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 572.54 | 1 804.15 | 1 869.70 | ||
Gross profit | 1 477.77 | 1 707.20 | 1 753.50 | 1 262.10 | 1 328.75 |
EBIT | 639.09 | 865.32 | 910.60 | 489.50 | 539.80 |
Net earnings | 530.30 | 833.86 | 583.57 | 465.08 | 551.25 |
Shareholders equity total | 1 347.45 | 2 068.31 | 2 501.88 | 2 816.96 | 3 218.21 |
Balance sheet total (assets) | 1 933.36 | 2 496.48 | 2 853.54 | 3 126.33 | 3 540.26 |
Net debt | -1 538.83 | -2 315.00 | -2 526.84 | -2 863.60 | -3 405.74 |
Profitability | |||||
EBIT-% | 40.6 % | 48.0 % | 48.7 % | ||
ROA | 37.2 % | 48.7 % | 35.0 % | 20.0 % | 21.5 % |
ROE | 38.4 % | 48.8 % | 25.5 % | 17.5 % | 18.3 % |
ROI | 49.2 % | 62.9 % | 40.8 % | 22.5 % | 23.7 % |
Economic value added (EVA) | 507.54 | 683.54 | 719.22 | 382.08 | 418.39 |
Solvency | |||||
Equity ratio | 69.7 % | 82.8 % | 87.7 % | 90.1 % | 90.9 % |
Gearing | 0.5 % | 0.3 % | 0.6 % | ||
Relative net indebtedness % | -61.0 % | -104.9 % | -117.2 % | ||
Liquidity | |||||
Quick ratio | 3.3 | 5.8 | 8.1 | 10.1 | 11.0 |
Current ratio | 3.3 | 5.8 | 8.1 | 10.1 | 11.0 |
Cash and cash equivalents | 1 545.65 | 2 320.45 | 2 542.50 | 2 863.60 | 3 405.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.9 | 31.3 | 43.7 | ||
Net working capital % | 24.8 % | 50.1 % | 80.7 % | ||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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