ITcreators ApS — Credit Rating and Financial Key Figures

CVR number: 40797939
Præsteengen 17, Gl. Hagested 4300 Holbæk

Credit rating

Company information

Official name
ITcreators ApS
Personnel
1 person
Established
2019
Domicile
Gl. Hagested
Company form
Private limited company
Industry

About ITcreators ApS

ITcreators ApS (CVR number: 40797939) is a company from HOLBÆK. The company recorded a gross profit of 1286.7 kDKK in 2023. The operating profit was 207.3 kDKK, while net earnings were 164.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.1 %, which can be considered excellent and Return on Equity (ROE) was 62.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ITcreators ApS's liquidity measured by quick ratio was 1.4 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
2020
2021
2022
2023
Volume
Net sales
Gross profit1 229.001 271.001 245.001 286.72
EBIT396.00-12.00187.00207.28
Net earnings306.00-12.00145.00164.08
Shareholders equity total349.00336.00282.00246.27
Balance sheet total (assets)707.00700.00529.00577.58
Net debt- 408.00- 580.00- 245.00- 207.03
Profitability
EBIT-%
ROA56.0 %-1.7 %30.4 %40.1 %
ROE87.7 %-3.5 %46.9 %62.1 %
ROI112.5 %-3.5 %59.7 %80.9 %
Economic value added (EVA)309.12-6.48167.40151.49
Solvency
Equity ratio57.2 %52.3 %59.0 %45.4 %
Gearing0.9 %1.2 %1.4 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.11.51.4
Current ratio2.01.81.31.2
Cash and cash equivalents411.00584.00249.00211.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:40.1%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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