Isitec ApS — Credit Rating and Financial Key Figures

Isitec ApS (CVR number: 37919071) is a company from KØGE. The company recorded a gross profit of 934.8 kDKK in 2018. The operating profit was 692.9 kDKK, while net earnings were 389.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent and Return on Equity (ROE) was 85.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. Isitec ApS's liquidity measured by quick ratio was 1.5 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.