IO IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IO IT ApS
IO IT ApS (CVR number: 32558240) is a company from GREVE. The company recorded a gross profit of -75.8 kDKK in 2024. The operating profit was -75.8 kDKK, while net earnings were -65.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IO IT ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 862.30 | 5 087.86 | -84.77 | -51.96 | -75.81 |
EBIT | 1 119.12 | 4 061.55 | - 234.57 | -51.96 | -75.81 |
Net earnings | 868.02 | 3 158.39 | - 204.69 | -42.57 | -65.85 |
Shareholders equity total | 1 338.51 | 4 496.89 | 4 292.20 | 2 549.64 | 483.79 |
Balance sheet total (assets) | 2 129.20 | 5 638.11 | 5 364.85 | 5 097.79 | 1 431.94 |
Net debt | -1 369.17 | -1 751.43 | -1 539.73 | -1 342.16 | - 458.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 67.4 % | 104.6 % | -4.3 % | -0.8 % | -2.0 % |
ROE | 86.4 % | 108.2 % | -4.7 % | -1.2 % | -4.3 % |
ROI | 111.4 % | 139.2 % | -4.8 % | -0.8 % | -2.0 % |
Economic value added (EVA) | 838.99 | 3 100.52 | - 418.25 | - 320.31 | - 330.32 |
Solvency | |||||
Equity ratio | 62.9 % | 79.8 % | 80.0 % | 50.0 % | 33.8 % |
Gearing | 24.4 % | 98.6 % | 189.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 4.9 | 5.0 | 2.0 | 1.5 |
Current ratio | 2.7 | 4.9 | 5.0 | 2.0 | 1.5 |
Cash and cash equivalents | 1 369.17 | 1 751.43 | 2 587.78 | 3 857.34 | 1 373.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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