NETWORK IT ApS — Credit Rating and Financial Key Figures

CVR number: 25384490
Hostrupsvej 2, 1950 Frederiksberg C
kontakt@network-it.dk
tel: 39460070

Credit rating

Company information

Official name
NETWORK IT ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry
  • Expand more icon622000

About NETWORK IT ApS

NETWORK IT ApS (CVR number: 25384490) is a company from FREDERIKSBERG. The company recorded a gross profit of 1252.8 kDKK in 2023. The operating profit was 451.4 kDKK, while net earnings were 350.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NETWORK IT ApS's liquidity measured by quick ratio was 2.7 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 profit706.721 269.331 199.771 321.071 252.78
EBIT163.62536.45475.21543.28451.44
Net earnings125.79416.87363.65410.75350.27
Shareholders equity total713.07999.941 063.591 074.341 024.61
Balance sheet total (assets)932.881 536.111 508.481 640.531 613.43
Net debt- 496.92-1 200.85-1 079.47- 998.93- 925.58
Profitability
EBIT-%
ROA15.9 %43.5 %31.2 %34.5 %28.3 %
ROE16.8 %48.7 %35.2 %38.4 %33.4 %
ROI21.2 %60.9 %43.5 %43.7 %35.5 %
Economic value added (EVA)127.88409.25379.70429.36358.63
Solvency
Equity ratio76.4 %65.1 %70.5 %65.5 %63.5 %
Gearing6.8 %0.1 %11.2 %21.6 %25.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.12.83.42.92.7
Current ratio4.12.83.42.92.7
Cash and cash equivalents545.501 201.481 198.811 230.571 186.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:28.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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