Overgaard IT ApS — Credit Rating and Financial Key Figures

CVR number: 38398881
Slude Strand 30, 5871 Frørup
ivan@overgaardit.com
tel: 31241348

Company information

Official name
Overgaard IT ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Overgaard IT ApS

Overgaard IT ApS (CVR number: 38398881) is a company from NYBORG. The company recorded a gross profit of 1551.4 kDKK in 2023. The operating profit was 843.6 kDKK, while net earnings were 787 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.7 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Overgaard IT ApS's liquidity measured by quick ratio was 7.9 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 profit1 118.31939.401 059.851 328.461 551.44
EBIT468.48290.47377.39646.44843.62
Net earnings372.30337.24205.97543.29787.00
Shareholders equity total1 291.331 517.001 609.972 038.862 708.05
Balance sheet total (assets)1 607.231 791.791 809.372 293.223 102.26
Net debt-1 338.41-1 600.24-1 618.54-2 121.08-2 668.81
Profitability
EBIT-%
ROA31.0 %25.5 %25.2 %34.0 %37.7 %
ROE32.1 %24.0 %13.2 %29.8 %33.2 %
ROI42.9 %30.8 %28.8 %38.1 %42.7 %
Economic value added (EVA)384.54229.87296.55505.01657.15
Solvency
Equity ratio80.3 %84.7 %89.0 %88.9 %87.3 %
Gearing0.5 %0.5 %0.6 %0.4 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.06.59.19.07.9
Current ratio5.06.59.19.07.9
Cash and cash equivalents1 344.411 607.261 627.842 129.942 677.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:37.7%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.3%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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