Korup IT ApS — Credit Rating and Financial Key Figures

Korup IT ApS (CVR number: 39977818) is a company from ODENSE. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 54.6 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 0.1 mDKK), while net earnings were 38 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Korup IT ApS's liquidity measured by quick ratio was 2.4 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.