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IT First Invest ApS — Credit Rating and Financial Key Figures

CVR number: 27019730
Sadolinsvænget 4, 5230 Odense M
Free credit report Annual report

Credit rating

Company information

Official name
IT First Invest ApS
Established
2003
Company form
Private limited company
Industry

About IT First Invest ApS

IT First Invest ApS (CVR number: 27019730) is a company from ODENSE. The company recorded a gross profit of -109.2 kDKK in 2024. The operating profit was -134.5 kDKK, while net earnings were -1162.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent but Return on Equity (ROE) was -23.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IT First Invest ApS's liquidity measured by quick ratio was 25.1 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 profit35.709.6437.8768.24- 109.23
EBIT10.40-15.6612.5742.94- 134.53
Net earnings932.76- 296.66577.77650.10-1 162.33
Shareholders equity total6 029.814 583.154 810.925 461.024 298.69
Balance sheet total (assets)7 005.025 182.925 024.695 612.764 409.17
Net debt-4 375.58-2 521.13-3 149.21-3 899.72-2 365.55
Profitability
EBIT-%
ROA19.0 %0.6 %14.6 %15.7 %25.7 %
ROE16.3 %-5.6 %12.3 %12.7 %-23.8 %
ROI19.8 %0.6 %15.0 %16.2 %-29.2 %
Economic value added (EVA)- 296.07- 345.30- 249.99- 208.25- 384.03
Solvency
Equity ratio86.1 %88.4 %95.7 %97.3 %97.5 %
Gearing10.3 %12.8 %
Relative net indebtedness %
Liquidity
Quick ratio12.975.014.926.025.1
Current ratio12.975.014.926.025.1
Cash and cash equivalents4 993.813 107.603 149.213 899.722 365.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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