Choose IT ApS — Credit Rating and Financial Key Figures

CVR number: 41211180
Møllemoseparken 164, 3450 Allerød
anders@chooseit.dk
tel: 50393393
chooseit.dk

Credit rating

Company information

Official name
Choose IT ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry

About Choose IT ApS

Choose IT ApS (CVR number: 41211180) is a company from ALLERØD. The company recorded a gross profit of 2119.1 kDKK in 2024. The operating profit was 939.1 kDKK, while net earnings were 722.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. Choose IT ApS's liquidity measured by quick ratio was 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 102.431 857.241 749.281 884.282 119.11
EBIT440.701 126.03975.25929.39939.06
Net earnings331.00873.87758.32716.65722.37
Shareholders equity total371.001 044.871 803.192 519.84606.97
Balance sheet total (assets)738.331 572.922 028.763 040.25953.81
Net debt- 260.69- 308.65- 240.94- 267.3538.55
Profitability
EBIT-%
ROA59.7 %97.4 %54.2 %36.7 %47.0 %
ROE89.2 %123.4 %53.3 %33.2 %46.2 %
ROI118.1 %158.8 %68.5 %42.9 %59.2 %
Economic value added (EVA)331.01868.66721.69638.38610.28
Solvency
Equity ratio50.2 %66.4 %88.9 %82.9 %63.6 %
Gearing0.6 %0.0 %0.3 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.83.09.05.72.6
Current ratio1.83.09.05.72.6
Cash and cash equivalents262.83308.65241.52274.260.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:47.0%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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