IT-EFFECT A/S — Credit Rating and Financial Key Figures

IT-EFFECT A/S (CVR number: 25354788) is a company from SILKEBORG. The company recorded a gross profit of 14.5 mDKK in 2023. The operating profit was 395.6 kDKK, while net earnings were 293.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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. IT-EFFECT A/S'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.