IT-ERP Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IT-ERP Service ApS
IT-ERP Service ApS (CVR number: 42206105) is a company from Brønderslev. The company recorded a gross profit of 99.2 kDKK in 2024, demonstrating a decline of -32.3 % compared to the previous year. The operating profit was 99.2 kDKK, while net earnings were 77.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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 26.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 212.13 | 146.49 | ||
Gross profit | 212.13 | 146.49 | 99.17 | |
EBIT | 66.28 | 212.13 | 146.49 | 99.17 |
Net earnings | 51.70 | 165.46 | 114.27 | 77.35 |
Shareholders equity total | 91.70 | 257.16 | 376.17 | 448.77 |
Balance sheet total (assets) | 146.15 | 396.83 | 494.08 | 581.88 |
Net debt | - 126.38 | - 231.81 | - 318.69 | - 464.38 |
Profitability | ||||
EBIT-% | 100.0 % | 100.0 % | ||
ROA | 45.3 % | 78.1 % | 32.9 % | 18.4 % |
ROE | 56.4 % | 94.9 % | 36.1 % | 18.8 % |
ROI | 72.3 % | 121.6 % | 46.3 % | 24.0 % |
Economic value added (EVA) | 51.70 | 160.85 | 101.34 | 58.45 |
Solvency | ||||
Equity ratio | 62.7 % | 64.8 % | 76.1 % | 77.1 % |
Gearing | ||||
Relative net indebtedness % | -43.4 % | -137.1 % | ||
Liquidity | ||||
Quick ratio | 3.7 | 5.0 | 18.2 | 26.8 |
Current ratio | 3.7 | 5.1 | 20.2 | 32.7 |
Cash and cash equivalents | 126.38 | 231.81 | 318.69 | 464.38 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 282.5 | 312.9 | ||
Net working capital % | 150.1 % | 320.6 % | ||
Credit risk | ||||
Credit rating | BB | BBB | BBB | BB |
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