Sass IT ApS — Credit Rating and Financial Key Figures

CVR number: 43288369
Lyngvej 60, 4600 Køge
pasa@sass-it.dk
tel: 23666167
www.sass-it.dk

Credit rating

Company information

Official name
Sass IT ApS
Personnel
1 person
Established
2022
Company form
Private limited company
Industry

About Sass IT ApS

Sass IT ApS (CVR number: 43288369) is a company from KØGE. The company recorded a gross profit of 420.2 kDKK in 2023. The operating profit was 172.2 kDKK, while net earnings were 134.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.3 %, which can be considered excellent and Return on Equity (ROE) was 187.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Sass IT ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit461.26420.20
EBIT-43.27172.16
Net earnings-35.59134.18
Shareholders equity total4.41138.59
Balance sheet total (assets)161.48365.21
Net debt-82.27- 268.57
Profitability
EBIT-%
ROA-26.5 %66.3 %
ROE-806.4 %187.7 %
ROI-969.6 %238.8 %
Economic value added (EVA)-35.71137.35
Solvency
Equity ratio4.3 %41.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.8
Current ratio0.81.6
Cash and cash equivalents82.27268.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:66.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.6%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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