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 2024, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was poor at -10.4 % (EBIT: -0 mDKK), while net earnings were -19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.1 %, which can be considered poor and Return on Equity (ROE) was -112.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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. TOTAL IT ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 76.44 | 72.96 | 143.70 | 185.45 | 180.91 |
Gross profit | 9.42 | 13.78 | 27.12 | 44.44 | 12.97 |
EBIT | -27.14 | 5.35 | 9.72 | -8.92 | -18.79 |
Net earnings | -28.24 | 5.01 | 9.56 | -9.63 | -19.76 |
Shareholders equity total | 22.52 | 27.53 | 37.08 | 27.46 | 7.69 |
Balance sheet total (assets) | 34.78 | 36.20 | 60.04 | 44.20 | 24.87 |
Net debt | -27.74 | -36.20 | -47.92 | -44.15 | -23.69 |
Profitability | |||||
EBIT-% | -35.5 % | 7.3 % | 6.8 % | -4.8 % | -10.4 % |
ROA | -49.0 % | 15.1 % | 20.2 % | -16.7 % | -54.1 % |
ROE | -77.1 % | 20.0 % | 29.6 % | -29.8 % | -112.4 % |
ROI | -74.1 % | 21.4 % | 30.1 % | -27.0 % | -106.3 % |
Economic value added (EVA) | -29.68 | 4.22 | 8.34 | -10.79 | -20.17 |
Solvency | |||||
Equity ratio | 64.7 % | 76.0 % | 61.8 % | 62.1 % | 30.9 % |
Gearing | |||||
Relative net indebtedness % | -20.2 % | -37.7 % | -17.4 % | -14.8 % | -3.6 % |
Liquidity | |||||
Quick ratio | 2.8 | 4.2 | 2.6 | 2.6 | 1.4 |
Current ratio | 2.8 | 4.2 | 2.6 | 2.6 | 1.4 |
Cash and cash equivalents | 27.74 | 36.20 | 47.92 | 44.15 | 23.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.8 | 2.4 | |||
Net working capital % | 29.5 % | 37.7 % | 25.8 % | 14.8 % | 4.3 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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