ITEM Holding ApS — Credit Rating and Financial Key Figures

ITEM Holding ApS (CVR number: 31777836) is a company from AALBORG. The company reported a net sales of -0.9 mDKK in 2024, demonstrating a decline of -237.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.9 mDKK), while net earnings were -976.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -29.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. ITEM Holding ApS's liquidity measured by quick ratio was 0.3 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.