IT Ribe ApS — Credit Rating and Financial Key Figures

IT Ribe ApS (CVR number: 38360817) is a company from ESBJERG. The company recorded a gross profit of 3169.4 kDKK in 2023. The operating profit was 2448.1 kDKK, while net earnings were 1910.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.4 %, which can be considered excellent and Return on Equity (ROE) was 78.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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 Ribe ApS's liquidity measured by quick ratio was 3.4 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.