IT Global ApS — Credit Rating and Financial Key Figures

CVR number: 40486704
Birk Centerpark 40, Birk 7400 Herning
info@itglobal.dk
itglobal.dk

Company information

Official name
IT Global ApS
Personnel
4 persons
Established
2019
Domicile
Birk
Company form
Private limited company
Industry

About IT Global ApS

IT Global ApS (CVR number: 40486704) is a company from HERNING. The company recorded a gross profit of 4531.6 kDKK in 2023. The operating profit was 2061.1 kDKK, while net earnings were 1607.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.8 %, which can be considered excellent and Return on Equity (ROE) was 91.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. IT Global ApS's liquidity measured by quick ratio was 3 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 profit1 336.541 570.452 417.763 441.484 531.57
EBIT526.90294.23808.111 298.182 061.10
Net earnings408.50224.36622.161 008.451 607.56
Shareholders equity total448.50472.86845.021 353.472 161.04
Balance sheet total (assets)835.371 260.191 764.782 331.473 257.96
Net debt- 671.28-1 012.18- 999.03-1 990.30-1 942.61
Profitability
EBIT-%
ROA63.1 %28.1 %53.4 %63.4 %73.8 %
ROE91.1 %48.7 %94.4 %91.7 %91.5 %
ROI117.5 %57.7 %98.8 %107.3 %116.9 %
Economic value added (EVA)409.97239.86661.511 030.021 639.28
Solvency
Equity ratio53.7 %37.5 %47.9 %58.1 %66.3 %
Gearing20.7 %26.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.61.92.43.0
Current ratio2.11.61.92.43.0
Cash and cash equivalents671.281 110.181 219.531 990.301 942.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:73.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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