ITCOTECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 260.08 | 24.95 | 295.19 | 389.66 | 118.24 |
EBIT | 28.28 | - 165.05 | 172.78 | 33.15 | -71.04 |
Net earnings | 28.20 | - 166.85 | 171.98 | 33.65 | -69.34 |
Shareholders equity total | 552.10 | 385.25 | 557.24 | 590.89 | 521.55 |
Balance sheet total (assets) | 796.09 | 519.70 | 746.42 | 761.24 | 623.19 |
Net debt | - 383.36 | -11.02 | - 146.49 | - 208.03 | - 182.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | -25.1 % | 27.3 % | 4.5 % | -10.0 % |
ROE | 5.2 % | -35.6 % | 36.5 % | 5.9 % | -12.5 % |
ROI | 5.3 % | -35.2 % | 36.7 % | 5.9 % | -12.5 % |
Economic value added (EVA) | 18.62 | - 173.53 | 153.97 | 12.51 | -90.28 |
Solvency | |||||
Equity ratio | 69.4 % | 74.1 % | 74.7 % | 77.6 % | 83.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.6 | 1.4 | 2.0 |
Current ratio | 3.3 | 3.9 | 3.9 | 4.5 | 6.1 |
Cash and cash equivalents | 383.36 | 11.02 | 146.49 | 208.03 | 182.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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