Group4it ApS — Credit Rating and Financial Key Figures

CVR number: 41754125
Jernet 4 A, 6000 Kolding

Company information

Official name
Group4it ApS
Established
2020
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales3 496.45-1 756.12
Gross profit-6.69-9.393 486.15-1 763.10
EBIT-6.69-9.393 486.15-1 763.10
Net earnings78.8871.493 489.63-1 759.92
Shareholders equity total597.52556.003 931.232 053.51
Balance sheet total (assets)688.49588.084 970.093 198.28
Net debt90.3525.41-7.3548.23
Profitability
EBIT-%99.7 %
ROA11.8 %11.0 %125.5 %-43.0 %
ROE13.2 %12.4 %155.5 %-58.8 %
ROI11.8 %11.0 %154.5 %-58.2 %
Economic value added (EVA)-5.795.013 507.06-1 581.75
Solvency
Equity ratio86.8 %94.5 %79.1 %64.2 %
Gearing15.2 %4.7 %0.0 %2.6 %
Relative net indebtedness %29.5 %-64.9 %
Liquidity
Quick ratio2.20.71.11.1
Current ratio2.20.71.11.1
Cash and cash equivalents0.620.578.005.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %2.2 %-8.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-43.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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