GO4IT ApS — Credit Rating and Financial Key Figures

CVR number: 29326029
Blokhus Allé 10, 2660 Brøndby Strand
Jsjs@privat.dk
tel: 28457525

Credit rating

Company information

Official name
GO4IT ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About GO4IT ApS

GO4IT ApS (CVR number: 29326029) is a company from BRØNDBY. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -19.5 % compared to the previous year. The operating profit percentage was at 26.6 % (EBIT: 0 mDKK), while net earnings were 21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GO4IT ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales69.3893.4991.68100.8181.18
Gross profit40.8931.9310.8038.7821.63
EBIT40.8931.93-41.0438.7821.63
Net earnings31.8424.85-41.0938.8821.80
Shareholders equity total178.08202.94161.84200.72222.52
Balance sheet total (assets)519.22471.33476.92588.88636.44
Net debt258.22238.75197.15313.03- 156.01
Profitability
EBIT-%58.9 %34.1 %-44.8 %38.5 %26.6 %
ROA8.2 %6.4 %-8.7 %7.3 %3.5 %
ROE19.6 %13.0 %-22.5 %21.4 %10.3 %
ROI8.7 %6.9 %-10.2 %8.8 %5.9 %
Economic value added (EVA)8.490.89-63.2520.45-4.18
Solvency
Equity ratio34.3 %43.1 %33.9 %34.1 %35.0 %
Gearing168.5 %117.7 %125.4 %156.0 %
Relative net indebtedness %431.5 %286.9 %337.3 %385.1 %317.7 %
Liquidity
Quick ratio0.10.00.00.30.4
Current ratio0.10.00.00.30.4
Cash and cash equivalents41.780.215.80156.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-422.3 %-286.9 %-337.3 %-268.2 %-306.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.53%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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