N2IT ApS — Credit Rating and Financial Key Figures

CVR number: 32664482
Kanalvej 3, 2800 Kongens Lyngby
sbr@n2it.dk
tel: 31582000

Credit rating

Company information

Official name
N2IT ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About N2IT ApS

N2IT ApS (CVR number: 32664482) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 357.4 kDKK in 2023. The operating profit was 180.3 kDKK, while net earnings were 136.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent but Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. N2IT ApS's liquidity measured by quick ratio was 7.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit308.11677.50322.78505.00357.36
EBIT204.16650.82-81.9532.37180.25
Net earnings219.37525.73-61.6013.87136.89
Shareholders equity total458.30984.03922.43936.291 073.18
Balance sheet total (assets)897.791 378.071 665.081 147.961 216.91
Net debt65.3140.66- 103.49-2.61- 100.94
Profitability
EBIT-%
ROA29.2 %59.3 %-3.7 %2.3 %15.3 %
ROE62.9 %72.9 %-6.5 %1.5 %13.6 %
ROI48.9 %77.5 %-4.8 %2.9 %16.9 %
Economic value added (EVA)191.48487.58- 130.11-7.2895.45
Solvency
Equity ratio51.0 %71.4 %55.4 %81.6 %88.2 %
Gearing27.3 %17.6 %27.4 %11.8 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.52.15.07.8
Current ratio2.03.52.25.48.5
Cash and cash equivalents59.98133.01356.03112.96116.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.2%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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