Search IT Group ApS — Credit Rating and Financial Key Figures

Search IT Group ApS (CVR number: 26994306) is a company from GREVE. The company recorded a gross profit of 1109.6 kDKK in 2024. The operating profit was 152.4 kDKK, while net earnings were 170.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Search IT Group ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.