ProgramIT Holding ApS — Credit Rating and Financial Key Figures

ProgramIT Holding ApS (CVR number: 42251291) is a company from DRAGØR. The company recorded a gross profit of -7.6 kDKK in 2023. The operating profit was -7.6 kDKK, while net earnings were -29.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ProgramIT Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.