ACCELERATE IT ApS — Credit Rating and Financial Key Figures

CVR number: 30612140
Nyraad Skovstræde 3, 4760 Vordingborg
mail@accelerate-it.dk
tel: 40452575

Company information

Official name
ACCELERATE IT ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About ACCELERATE IT ApS

ACCELERATE IT ApS (CVR number: 30612140) is a company from VORDINGBORG. The company recorded a gross profit of -61.1 kDKK in 2023. The operating profit was -61.1 kDKK, while net earnings were 124 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ACCELERATE IT ApS's liquidity measured by quick ratio was 51.2 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 profit-23.71-58.33-26.84-30.09-61.13
EBIT- 107.01-58.46- 122.03- 140.42-61.13
Net earnings309.54- 681.61264.59- 578.34123.97
Shareholders equity total3 206.132 469.222 677.312 041.772 106.84
Balance sheet total (assets)3 295.342 527.582 685.602 098.932 148.83
Net debt-3 252.14-2 461.48-2 681.02-2 096.05-2 141.41
Profitability
EBIT-%
ROA12.7 %0.8 %10.4 %-2.0 %11.4 %
ROE10.1 %-24.0 %10.3 %-24.5 %6.0 %
ROI12.9 %0.8 %10.4 %-2.0 %11.6 %
Economic value added (EVA)-85.75-54.03- 119.88- 140.24-58.40
Solvency
Equity ratio97.3 %97.7 %99.7 %97.3 %98.0 %
Gearing1.3 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio36.943.3324.236.751.2
Current ratio36.943.3324.236.751.2
Cash and cash equivalents3 294.242 511.842 681.022 096.052 141.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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