IT INSTITUTTET ApS — Credit Rating and Financial Key Figures

CVR number: 32160603
Ligustervænget 27 B, 2830 Virum
tel: 70713333
itinstituttet.dk

Credit rating

Company information

Official name
IT INSTITUTTET ApS
Personnel
2 persons
Established
2009
Company form
Private limited company
Industry

About IT INSTITUTTET ApS

IT INSTITUTTET ApS (CVR number: 32160603) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 2556.8 kDKK in 2023. The operating profit was 1095 kDKK, while net earnings were 868.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 80.4 %, which can be considered excellent and Return on Equity (ROE) was 108.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. IT INSTITUTTET ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit591.61336.35544.851 051.922 556.85
EBIT333.4879.35-1 989.53205.441 094.98
Net earnings651.8571.03-1 951.62172.93868.61
Shareholders equity total2 071.282 142.32190.69363.631 232.24
Balance sheet total (assets)2 685.642 831.57515.07936.501 796.88
Net debt238.5323.5658.9686.54- 991.31
Profitability
EBIT-%
ROA14.6 %2.9 %-118.9 %28.3 %80.4 %
ROE37.3 %3.4 %-167.3 %62.4 %108.9 %
ROI16.2 %3.2 %-134.0 %36.9 %114.5 %
Economic value added (EVA)254.7978.84-1 925.63187.05874.28
Solvency
Equity ratio77.1 %75.7 %37.0 %38.8 %68.6 %
Gearing15.7 %16.5 %125.3 %88.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.11.22.7
Current ratio1.01.01.11.22.7
Cash and cash equivalents86.84328.88179.99234.50993.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:80.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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