IT+ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20334207
Liljevej 10, 8240 Risskov
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Company information

Official name
IT+ HOLDING ApS
Established
1997
Company form
Private limited company
Industry

About IT+ HOLDING ApS

IT+ HOLDING ApS (CVR number: 20334207) is a company from AARHUS. The company recorded a gross profit of -105.5 kDKK in 2023. The operating profit was -105.5 kDKK, while net earnings were 1053.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IT+ HOLDING ApS's liquidity measured by quick ratio was 526.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-76.44-78.10-84.15-73.14- 105.50
EBIT-76.44-78.10-84.15-73.14- 105.50
Net earnings- 839.682 507.36-2 040.38- 631.161 053.44
Shareholders equity total13 023.5915 420.3513 379.9712 448.8013 402.24
Balance sheet total (assets)13 292.3715 946.6113 952.3212 507.3313 426.11
Net debt-11 461.46-14 077.19-11 544.51-11 035.40-12 344.05
Profitability
EBIT-%
ROA0.9 %19.7 %0.7 %6.8 %16.3 %
ROE-6.2 %17.6 %-14.2 %-4.9 %8.2 %
ROI-2.0 %22.3 %-1.9 %-0.8 %8.2 %
Economic value added (EVA)- 101.94- 127.24- 132.51- 138.53- 189.12
Solvency
Equity ratio98.0 %96.7 %95.9 %99.5 %99.8 %
Gearing1.9 %0.3 %0.8 %0.3 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio44.627.121.3189.9526.1
Current ratio44.627.121.3189.9526.1
Cash and cash equivalents11 712.6314 123.3611 656.4711 076.1312 350.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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