TOTAL IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOTAL IT ApS
TOTAL IT ApS (CVR number: 36494530) is a company from BRØNDBY. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 29.1 % compared to the previous year. The operating profit percentage was poor at -4.8 % (EBIT: -0 mDKK), while net earnings were -9.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.7 %, which can be considered poor and Return on Equity (ROE) was -29.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. TOTAL 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 76.44 | 72.96 | 143.70 | 185.45 | |
Gross profit | 79.16 | 9.42 | 13.78 | 27.12 | 44.44 |
EBIT | -15.98 | -27.14 | 5.35 | 9.72 | -8.92 |
Net earnings | -16.10 | -28.24 | 5.01 | 9.56 | -9.63 |
Shareholders equity total | 50.76 | 22.52 | 27.53 | 37.08 | 27.46 |
Balance sheet total (assets) | 75.90 | 34.78 | 36.20 | 60.04 | 44.20 |
Net debt | -59.77 | -27.74 | -36.20 | -47.92 | -44.15 |
Profitability | |||||
EBIT-% | -35.5 % | 7.3 % | 6.8 % | -4.8 % | |
ROA | -19.5 % | -49.0 % | 15.1 % | 20.2 % | -16.7 % |
ROE | -27.4 % | -77.1 % | 20.0 % | 29.6 % | -29.8 % |
ROI | -27.2 % | -74.1 % | 21.4 % | 30.1 % | -27.0 % |
Economic value added (EVA) | -11.97 | -26.68 | 5.61 | 10.16 | -8.38 |
Solvency | |||||
Equity ratio | 66.9 % | 64.7 % | 76.0 % | 61.8 % | 62.1 % |
Gearing | |||||
Relative net indebtedness % | -20.2 % | -37.7 % | -17.4 % | -14.8 % | |
Liquidity | |||||
Quick ratio | 3.0 | 2.8 | 4.2 | 2.6 | 2.6 |
Current ratio | 3.0 | 2.8 | 4.2 | 2.6 | 2.6 |
Cash and cash equivalents | 59.77 | 27.74 | 36.20 | 47.92 | 44.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.8 | ||||
Net working capital % | 29.5 % | 37.7 % | 25.8 % | 14.8 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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