Qual-IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Qual-IT ApS
Qual-IT ApS (CVR number: 40387323) is a company from Brønderslev. The company recorded a gross profit of 122.7 kDKK in 2023. The operating profit was -145.7 kDKK, while net earnings were -124.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -28.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Qual-IT ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 514.92 | ||||
Gross profit | 244.46 | 385.35 | 330.72 | 340.60 | 122.72 |
EBIT | 117.76 | 166.95 | 136.68 | 192.18 | - 145.69 |
Net earnings | 86.29 | 112.59 | 93.97 | 145.05 | - 124.15 |
Shareholders equity total | 136.29 | 248.88 | 342.85 | 512.30 | 363.75 |
Balance sheet total (assets) | 634.65 | 869.46 | 626.62 | 927.78 | 764.37 |
Net debt | 94.60 | - 113.03 | 87.52 | 78.35 | 166.75 |
Profitability | |||||
EBIT-% | 9.0 % | ||||
ROA | 18.6 % | 22.4 % | 18.3 % | 24.8 % | -17.2 % |
ROE | 63.3 % | 58.5 % | 31.8 % | 33.9 % | -28.3 % |
ROI | 23.7 % | 28.9 % | 24.1 % | 30.5 % | -19.7 % |
Economic value added (EVA) | 91.46 | 134.54 | 122.73 | 135.49 | - 129.39 |
Solvency | |||||
Equity ratio | 21.5 % | 28.6 % | 54.7 % | 55.2 % | 47.6 % |
Gearing | 265.9 % | 168.3 % | 36.0 % | 55.0 % | 88.2 % |
Relative net indebtedness % | 16.3 % | ||||
Liquidity | |||||
Quick ratio | 0.7 | 1.0 | 0.3 | 0.7 | 0.6 |
Current ratio | 1.2 | 1.4 | 2.2 | 2.2 | 1.9 |
Cash and cash equivalents | 267.83 | 531.84 | 35.87 | 203.61 | 154.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.7 | ||||
Net working capital % | 21.8 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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