ITK2 A/S — Credit Rating and Financial Key Figures

CVR number: 21408484
Hartmannsvej 83, 2920 Charlottenlund
kwp@it-k.dk
tel: 38105244

Company information

Official name
ITK2 A/S
Personnel
2 persons
Established
1998
Company form
Limited company
Industry

About ITK2 A/S

ITK2 A/S (CVR number: 21408484) is a company from GENTOFTE. The company recorded a gross profit of 1 kDKK in 2023. The operating profit was -3.3 kDKK, while net earnings were 1308.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 179.3 %, which can be considered excellent and Return on Equity (ROE) was 3588.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.2 %, 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. ITK2 A/S's liquidity measured by quick ratio was 1.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 114.36143.011 679.33180.810.98
EBIT- 451.60-67.82879.0444.44-3.28
Net earnings- 486.4670.86625.29-0.211 308.51
Shareholders equity total-1 975.00-1 904.15-1 278.86-1 279.0729.44
Balance sheet total (assets)406.94477.811 330.4343.50145.99
Net debt2 198.622 052.591 783.041 267.33-26.11
Profitability
EBIT-%
ROA-19.8 %-2.8 %35.2 %2.3 %179.3 %
ROE-89.0 %16.0 %69.2 %-0.0 %3588.1 %
ROI-21.8 %-3.0 %41.9 %2.7 %180.7 %
Economic value added (EVA)- 376.5254.06793.43116.0763.18
Solvency
Equity ratio-86.0 %-81.4 %-49.0 %-96.7 %20.2 %
Gearing-114.3 %-118.9 %-150.9 %-102.5 %395.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.50.01.3
Current ratio0.10.20.50.01.3
Cash and cash equivalents59.03211.46146.7043.50142.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:179.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.2%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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