IT QUALITY ApS — Credit Rating and Financial Key Figures

CVR number: 21147605
Banemarksvej 50 F, 2605 Brøndby
tel: 70222445

Credit rating

Company information

Official name
IT QUALITY ApS
Established
1998
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About IT QUALITY ApS

IT QUALITY ApS (CVR number: 21147605) is a company from BRØNDBY. The company recorded a gross profit of 1834.1 kDKK in 2016. The operating profit was 1814.8 kDKK, while net earnings were 1409.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78 %, which can be considered excellent and Return on Equity (ROE) was 62.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IT QUALITY ApS's liquidity measured by quick ratio was 36.2 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
2016
Volume
Net sales
Gross profit1 834.11
EBIT1 814.78
Net earnings1 409.38
Shareholders equity total2 261.11
Balance sheet total (assets)2 325.35
Net debt-2 310.71
Profitability
EBIT-%
ROA78.0 %
ROE62.3 %
ROI80.3 %
Economic value added (EVA)1 414.18
Solvency
Equity ratio97.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio36.2
Current ratio36.2
Cash and cash equivalents2 310.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingB

Variable visualization

ROA:78.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.2%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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