ICT SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 30603400
Transportbuen 6, 7400 Herning

Credit rating

Company information

Official name
ICT SOLUTIONS ApS
Established
2007
Company form
Private limited company
Industry

About ICT SOLUTIONS ApS

ICT SOLUTIONS ApS (CVR number: 30603400) is a company from HERNING. The company recorded a gross profit of -52.2 kDKK in 2022. The operating profit was -52.2 kDKK, while net earnings were 3420.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.3 %, which can be considered excellent and Return on Equity (ROE) was 82.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ICT SOLUTIONS ApS's liquidity measured by quick ratio was 116.8 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-37.88-38.88-42.13-46.00-52.25
EBIT-37.88-38.88-42.13-46.00-52.25
Net earnings404.272 135.793 016.431 198.833 420.93
Shareholders equity total3 942.836 753.267 963.072 452.775 873.70
Balance sheet total (assets)4 533.886 994.028 006.822 496.525 920.96
Net debt423.7374.43- 121.58- 119.79-3 039.24
Profitability
EBIT-%
ROA9.0 %37.1 %40.2 %22.9 %83.3 %
ROE10.2 %39.9 %41.0 %23.0 %82.2 %
ROI9.0 %37.4 %40.4 %23.1 %84.2 %
Economic value added (EVA)196.56171.20272.70267.19- 151.78
Solvency
Equity ratio87.0 %96.6 %99.5 %98.2 %99.2 %
Gearing13.9 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.819.847.6116.8
Current ratio0.71.819.847.6116.8
Cash and cash equivalents123.58122.58121.58119.793 039.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:83.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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