IT+ HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | - 839.68 | 2 507.36 | -2 040.38 | - 631.16 | 1 053.44 |
Shareholders equity total | 13 023.59 | 15 420.35 | 13 379.97 | 12 448.80 | 13 402.24 |
Balance sheet total (assets) | 13 292.37 | 15 946.61 | 13 952.32 | 12 507.33 | 13 426.11 |
Net debt | -11 461.46 | -14 077.19 | -11 544.51 | -11 035.40 | -12 344.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 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 ratio | 98.0 % | 96.7 % | 95.9 % | 99.5 % | 99.8 % |
Gearing | 1.9 % | 0.3 % | 0.8 % | 0.3 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 44.6 | 27.1 | 21.3 | 189.9 | 526.1 |
Current ratio | 44.6 | 27.1 | 21.3 | 189.9 | 526.1 |
Cash and cash equivalents | 11 712.63 | 14 123.36 | 11 656.47 | 11 076.13 | 12 350.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | A |
Variable visualization
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