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IT OPERATIONS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IT OPERATIONS ApS
IT OPERATIONS ApS (CVR number: 31478014) is a company from KØBENHAVN. The company recorded a gross profit of -57.6 kDKK in 2024. The operating profit was -57.6 kDKK, while net earnings were 17.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IT OPERATIONS ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 331.83 | 1 307.75 | 177.69 | ||
| Gross profit | 1 118.18 | 1 059.25 | 9.72 | 10.86 | -57.59 |
| EBIT | 523.04 | 209.00 | 158.89 | 10.86 | -57.59 |
| Net earnings | 441.94 | 28.92 | 34.24 | 118.58 | 17.30 |
| Shareholders equity total | 2 518.93 | 2 347.85 | 2 382.09 | 400.67 | 417.98 |
| Balance sheet total (assets) | 3 264.02 | 3 172.81 | 3 131.13 | 1 091.01 | 845.40 |
| Net debt | -3 058.74 | - 964.19 | -1 088.49 | -1 029.90 | - 478.11 |
| Profitability | |||||
| EBIT-% | 39.3 % | 16.0 % | 89.4 % | ||
| ROA | 18.7 % | 10.7 % | 9.4 % | 9.2 % | -5.0 % |
| ROE | 18.4 % | 1.2 % | 1.4 % | 8.5 % | 4.2 % |
| ROI | 24.6 % | 14.1 % | 12.5 % | 13.7 % | -10.9 % |
| Economic value added (EVA) | 288.76 | 18.38 | -11.65 | - 111.46 | -64.09 |
| Solvency | |||||
| Equity ratio | 77.2 % | 74.0 % | 76.1 % | 36.7 % | 49.4 % |
| Gearing | 0.2 % | 15.2 % | |||
| Relative net indebtedness % | -175.2 % | -11.5 % | -191.0 % | ||
| Liquidity | |||||
| Quick ratio | 4.5 | 3.9 | 4.2 | 1.6 | 2.0 |
| Current ratio | 4.5 | 3.9 | 4.2 | 1.6 | 2.0 |
| Cash and cash equivalents | 3 062.59 | 964.19 | 1 088.49 | 1 090.99 | 478.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 8.8 | ||||
| Net working capital % | 146.6 % | 138.6 % | 1009.3 % | ||
| Credit risk | |||||
| Credit rating | AA | A | A | BBB | BBB |
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