ITCOTECH ApS — Credit Rating and Financial Key Figures

CVR number: 30715691
Hindegade 6, 1303 København K
smith.sune@gmail.com
tel: 51911594

Credit rating

Company information

Official name
ITCOTECH ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry
  • Expand more icon622000

About ITCOTECH ApS

ITCOTECH ApS (CVR number: 30715691) is a company from KØBENHAVN. The company recorded a gross profit of 118.2 kDKK in 2024. The operating profit was -71 kDKK, while net earnings were -69.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ITCOTECH ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit260.0824.95295.19389.66118.24
EBIT28.28- 165.05172.7833.15-71.04
Net earnings28.20- 166.85171.9833.65-69.34
Shareholders equity total552.10385.25557.24590.89521.55
Balance sheet total (assets)796.09519.70746.42761.24623.19
Net debt- 383.36-11.02- 146.49- 208.03- 182.98
Profitability
EBIT-%
ROA3.6 %-25.1 %27.3 %4.5 %-10.0 %
ROE5.2 %-35.6 %36.5 %5.9 %-12.5 %
ROI5.3 %-35.2 %36.7 %5.9 %-12.5 %
Economic value added (EVA)18.62- 173.53153.9712.51-90.28
Solvency
Equity ratio69.4 %74.1 %74.7 %77.6 %83.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.61.42.0
Current ratio3.33.93.94.56.1
Cash and cash equivalents383.3611.02146.49208.03182.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-10.0%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.7%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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