IT & CO Midt ApS — Credit Rating and Financial Key Figures

IT & CO Midt ApS (CVR number: 33768443) is a company from SILKEBORG. The company recorded a gross profit of 1225.1 kDKK in 2023. The operating profit was 220.4 kDKK, while net earnings were 171.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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. IT & CO Midt ApS'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.