Extend IT APS — Credit Rating and Financial Key Figures

Extend IT APS (CVR number: 37679380) is a company from KØBENHAVN. The company recorded a gross profit of 899.1 kDKK in 2023. The operating profit was 531.9 kDKK, while net earnings were 454.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 138.8 %, which can be considered excellent and Return on Equity (ROE) was 183.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. Extend IT APS's liquidity measured by quick ratio was 2.7 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.