Group4it ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Group4it ApS
Group4it ApS (CVR number: 41754125) is a company from KOLDING. The company reported a net sales of -1.8 mDKK in 2023, demonstrating a decline of -150.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -1.8 mDKK), while net earnings were -1759.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43 %, which can be considered poor and Return on Equity (ROE) was -58.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Group4it ApS's liquidity measured by quick ratio was 1.1 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 3 496.45 | -1 756.12 | ||
Gross profit | -6.69 | -9.39 | 3 486.15 | -1 763.10 |
EBIT | -6.69 | -9.39 | 3 486.15 | -1 763.10 |
Net earnings | 78.88 | 71.49 | 3 489.63 | -1 759.92 |
Shareholders equity total | 597.52 | 556.00 | 3 931.23 | 2 053.51 |
Balance sheet total (assets) | 688.49 | 588.08 | 4 970.09 | 3 198.28 |
Net debt | 90.35 | 25.41 | -7.35 | 48.23 |
Profitability | ||||
EBIT-% | 99.7 % | |||
ROA | 11.8 % | 11.0 % | 125.5 % | -43.0 % |
ROE | 13.2 % | 12.4 % | 155.5 % | -58.8 % |
ROI | 11.8 % | 11.0 % | 154.5 % | -58.2 % |
Economic value added (EVA) | -5.79 | 5.01 | 3 507.06 | -1 581.75 |
Solvency | ||||
Equity ratio | 86.8 % | 94.5 % | 79.1 % | 64.2 % |
Gearing | 15.2 % | 4.7 % | 0.0 % | 2.6 % |
Relative net indebtedness % | 29.5 % | -64.9 % | ||
Liquidity | ||||
Quick ratio | 2.2 | 0.7 | 1.1 | 1.1 |
Current ratio | 2.2 | 0.7 | 1.1 | 1.1 |
Cash and cash equivalents | 0.62 | 0.57 | 8.00 | 5.77 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 2.2 % | -8.1 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BB |
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