ITK2 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 114.36 | 143.01 | 1 679.33 | 180.81 | 0.98 |
EBIT | - 451.60 | -67.82 | 879.04 | 44.44 | -3.28 |
Net earnings | - 486.46 | 70.86 | 625.29 | -0.21 | 1 308.51 |
Shareholders equity total | -1 975.00 | -1 904.15 | -1 278.86 | -1 279.07 | 29.44 |
Balance sheet total (assets) | 406.94 | 477.81 | 1 330.43 | 43.50 | 145.99 |
Net debt | 2 198.62 | 2 052.59 | 1 783.04 | 1 267.33 | -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) | - 376.52 | 54.06 | 793.43 | 116.07 | 63.18 |
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 ratio | 0.1 | 0.2 | 0.5 | 0.0 | 1.3 |
Current ratio | 0.1 | 0.2 | 0.5 | 0.0 | 1.3 |
Cash and cash equivalents | 59.03 | 211.46 | 146.70 | 43.50 | 142.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | B |
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