Sass & Larsen IT ApS — Credit Rating and Financial Key Figures

CVR number: 41648511
Lyngvej 60, 4600 Køge
admin@sasslarsenit.dk
tel: 23666167
www.sasslarsenit.dk

Company information

Official name
Sass & Larsen IT ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry

About Sass & Larsen IT ApS

Sass & Larsen IT ApS (CVR number: 41648511) is a company from KØGE. The company recorded a gross profit of 1355.2 kDKK in 2022. The operating profit was 204 kDKK, while net earnings were 148.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 118.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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. Sass & Larsen IT ApS's liquidity measured by quick ratio was 2.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
Volume
Net sales
Gross profit900.571 355.25
EBIT68.17204.01
Net earnings-15.73148.28
Shareholders equity total24.27226.69
Balance sheet total (assets)615.85449.63
Net debt- 307.13- 449.63
Profitability
EBIT-%
ROA11.2 %38.3 %
ROE-64.8 %118.2 %
ROI263.1 %161.3 %
Economic value added (EVA)48.40165.15
Solvency
Equity ratio3.9 %50.4 %
Gearing8.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.6
Current ratio1.22.6
Cash and cash equivalents309.10449.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:38.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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