ithought Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ithought Danmark ApS
ithought Danmark ApS (CVR number: 41969768) is a company from AARHUS. The company recorded a gross profit of 242.7 kDKK in 2023. The operating profit was 106.5 kDKK, while net earnings were -7.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.1 %, which can be considered excellent but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ithought Danmark ApS's liquidity measured by quick ratio was 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 186.60 | |||
Gross profit | 718.52 | 861.06 | 242.67 | |
EBIT | 499.79 | 647.92 | 106.54 | |
Net earnings | 94.57 | 460.52 | -7.86 | |
Shareholders equity total | 40.00 | 134.57 | 595.09 | 528.33 |
Balance sheet total (assets) | 401.21 | 841.45 | 659.37 | |
Net debt | - 400.26 | -42.57 | - 199.86 | |
Profitability | ||||
EBIT-% | 42.1 % | |||
ROA | 35.1 % | 104.3 % | 29.1 % | |
ROE | 54.2 % | 126.2 % | -1.4 % | |
ROI | 300.1 % | 201.9 % | -1.0 % | |
Economic value added (EVA) | 386.17 | 502.76 | 52.98 | |
Solvency | ||||
Equity ratio | 23.3 % | 70.7 % | 80.1 % | |
Gearing | 0.7 % | |||
Relative net indebtedness % | -11.3 % | |||
Liquidity | ||||
Quick ratio | 1.5 | 3.4 | 5.0 | |
Current ratio | 1.5 | 3.4 | 5.0 | |
Cash and cash equivalents | 401.21 | 42.57 | 199.86 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 11.3 % | |||
Credit risk | ||||
Credit rating | BB | BB | BB |
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