itm8 | Mentor IT A/S — Credit Rating and Financial Key Figures

itm8 | Mentor IT A/S (CVR number: 25576861) is a company from ESBJERG. The company recorded a gross profit of 102.7 mDKK in 2023. The operating profit was 24 mDKK, while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.9 %, which can be considered excellent and Return on Equity (ROE) was 75.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. itm8 | Mentor IT A/S'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.