IT-ERP Service ApS — Credit Rating and Financial Key Figures

IT-ERP Service ApS (CVR number: 42206105) is a company from Brønderslev. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -30.9 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0.1 mDKK), while net earnings were 114.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.9 %, which can be considered excellent and Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. IT-ERP Service ApS's liquidity measured by quick ratio was 18.2 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.