NEEDIT ApS — Credit Rating and Financial Key Figures

CVR number: 31756820
Hammerholmen 18, 2650 Hvidovre
tel: 70221590
www.needit.dk
Free credit report Annual report

Credit rating

Company information

Official name
NEEDIT ApS
Established
2008
Company form
Private limited company
Industry

About NEEDIT ApS

NEEDIT ApS (CVR number: 31756820) is a company from HVIDOVRE. The company recorded a gross profit of -25.9 kDKK in 2024. The operating profit was -25.9 kDKK, while net earnings were 590.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 0.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NEEDIT ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-30.860.13-5.43-24.09-25.87
EBIT-30.860.13-5.43-24.09-25.87
Net earnings-25.9962.53-21.03-22.78590.95
Shareholders equity total- 543.94- 481.41- 502.44- 525.2265.73
Balance sheet total (assets)32 700.2532 702.1432 696.5819 729.1811 320.27
Net debt32 592.5732 559.6332 581.6419 642.2210 474.66
Profitability
EBIT-%
ROA0.9 %0.0 %-0.0 %-0.1 %4.7 %
ROE-0.1 %0.2 %-0.1 %-0.1 %6.0 %
ROI0.9 %0.0 %-0.0 %-0.1 %5.0 %
Economic value added (EVA)-1 603.13-1 610.89-1 618.00-1 631.09- 980.86
Solvency
Equity ratio-1.6 %-1.5 %-1.5 %-2.6 %0.6 %
Gearing-5994.1 %-6766.1 %-6485.9 %-3740.0 %15939.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.44.54.50.00.0
Current ratio4.44.54.50.00.0
Cash and cash equivalents11.4912.796.251.042.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.58%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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