ITM8 TopCo ApS — Credit Rating and Financial Key Figures

ITM8 TopCo ApS (CVR number: 39638541K) is a company from HERNING. The company reported a net sales of 890.4 mDKK in 2020, demonstrating a growth of 23.5 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 0.7 mDKK), while net earnings were -185.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ITM8 TopCo ApS's liquidity measured by quick ratio was 1.6 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.