IT2TRUST APS — Credit Rating and Financial Key Figures

CVR number: 33258305
Lautruphøj 5, 2750 Ballerup
pb@it2trust.com
tel: 70223810
it2trust.com
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Company information

Official name
IT2TRUST APS
Personnel
6 persons
Established
2010
Company form
Private limited company
Industry

About IT2TRUST APS

IT2TRUST APS (CVR number: 33258305) is a company from BALLERUP. The company recorded a gross profit of 6389.2 kDKK in 2024. The operating profit was 179.4 kDKK, while net earnings were 165.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IT2TRUST APS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 072.681 568.132 774.506 498.246 389.21
EBIT1 696.23- 328.24365.53749.74179.42
Net earnings1 560.836.46408.79752.22165.36
Shareholders equity total2 460.85567.31976.111 353.33668.69
Balance sheet total (assets)5 018.912 912.793 939.008 296.934 139.44
Net debt- 905.69- 772.00- 627.42-4 593.11-2 588.82
Profitability
EBIT-%
ROA41.6 %0.5 %16.9 %15.9 %3.5 %
ROE92.9 %0.4 %53.0 %64.6 %16.4 %
ROI120.2 %1.3 %75.2 %83.6 %21.4 %
Economic value added (EVA)1 275.57- 359.77255.72535.5471.49
Solvency
Equity ratio49.0 %19.5 %24.8 %16.3 %16.2 %
Gearing3.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.21.31.21.2
Current ratio1.91.21.31.21.2
Cash and cash equivalents905.69772.00627.424 593.112 609.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:3.51%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.2%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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