ITEG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ITEG A/S
ITEG A/S (CVR number: 39936623) is a company from KØBENHAVN. The company recorded a gross profit of 2090.5 kDKK in 2023. The operating profit was -188.9 kDKK, while net earnings were -60.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. ITEG A/S's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 948.65 | 2 726.51 | 2 017.22 | 3 807.85 | 2 090.47 |
EBIT | - 781.39 | 1 304.86 | 141.81 | 1 270.42 | - 188.88 |
Net earnings | - 630.71 | 962.58 | 1 201.17 | 1 119.77 | -60.91 |
Shareholders equity total | - 130.71 | 831.88 | 1 738.91 | 1 698.21 | 1 240.48 |
Balance sheet total (assets) | 2 016.09 | 1 944.76 | 2 917.27 | 2 724.37 | 1 975.25 |
Net debt | - 174.40 | - 650.08 | 259.43 | - 504.72 | - 663.21 |
Profitability | |||||
EBIT-% | |||||
ROA | -36.4 % | 63.8 % | 51.8 % | 50.9 % | -2.8 % |
ROE | -31.3 % | 67.6 % | 93.4 % | 65.2 % | -4.1 % |
ROI | -73.3 % | 131.3 % | 82.3 % | 72.7 % | -4.2 % |
Economic value added (EVA) | - 619.92 | 1 046.14 | 102.34 | 971.52 | - 196.72 |
Solvency | |||||
Equity ratio | -6.1 % | 42.8 % | 59.6 % | 62.3 % | 62.8 % |
Gearing | -503.6 % | 8.5 % | 19.8 % | 3.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.7 | 1.5 | 2.4 | 2.3 |
Current ratio | 1.1 | 1.7 | 1.5 | 2.4 | 2.3 |
Cash and cash equivalents | 832.60 | 721.19 | 85.42 | 561.25 | 663.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | BBB |
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