IT OPERATIONS ApS — Credit Rating and Financial Key Figures

IT OPERATIONS ApS (CVR number: 31478014) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -70.5 % compared to the previous year. The operating profit percentage was at 20.7 % (EBIT: 0 mDKK), while net earnings were 118.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. IT OPERATIONS ApS's liquidity measured by quick ratio was 1.6 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.