Embrace-IT Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 39245906
Bregnerødvej 94 E, 3460 Birkerød
ij@technologies.dk
tel: 71601080

Company information

Official name
Embrace-IT Technologies ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Embrace-IT Technologies ApS

Embrace-IT Technologies ApS (CVR number: 39245906) is a company from RUDERSDAL. The company recorded a gross profit of 2892.3 kDKK in 2023. The operating profit was 1976 kDKK, while net earnings were 1525.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.2 %, which can be considered excellent and Return on Equity (ROE) was 58.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. Embrace-IT Technologies 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.

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 profit372.25319.89564.852 374.892 892.30
EBIT372.25319.89564.851 572.751 975.97
Net earnings279.30246.10428.911 196.631 525.58
Shareholders equity total315.76381.06809.981 917.033 292.61
Balance sheet total (assets)1 398.331 866.242 054.682 973.874 628.53
Net debt-62.87- 461.77-1 445.65-2 297.76-3 356.39
Profitability
EBIT-%
ROA51.5 %19.6 %28.9 %62.6 %52.2 %
ROE158.6 %70.6 %72.0 %87.8 %58.6 %
ROI69.2 %39.5 %76.8 %111.9 %76.0 %
Economic value added (EVA)293.97272.90453.341 261.381 555.08
Solvency
Equity ratio22.6 %20.4 %39.4 %64.5 %71.1 %
Gearing227.4 %54.2 %9.6 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.72.83.4
Current ratio1.31.31.72.83.4
Cash and cash equivalents780.77668.251 523.582 304.043 362.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:52.2%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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