ServiceIT ApS — Credit Rating and Financial Key Figures

ServiceIT ApS (CVR number: 38380966) is a company from HILLERØD. The company recorded a gross profit of 1195 kDKK in 2023. The operating profit was 62.5 kDKK, while net earnings were 43.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. ServiceIT ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.