ITS GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ITS GROUP A/S
ITS GROUP A/S (CVR number: 26839440) is a company from VEJLE. The company recorded a gross profit of -77.2 kDKK in 2023. The operating profit was -77.2 kDKK, while net earnings were 4472.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 32.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ITS GROUP A/S's liquidity measured by quick ratio was 4.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -40.78 | -93.20 | -77.21 | |
EBIT | -40.78 | -93.20 | -77.21 | |
Net earnings | 2 505.23 | - 242.58 | 4 472.20 | |
Shareholders equity total | 12 800.06 | 11 858.65 | 15 830.85 | |
Balance sheet total (assets) | 13 685.66 | 13 681.64 | 17 820.47 | |
Net debt | -4 934.46 | -5 903.49 | -5 976.38 | |
Profitability | ||||
EBIT-% | ||||
ROA | 19.9 % | 5.9 % | 29.9 % | |
ROE | 20.0 % | -2.0 % | 32.3 % | |
ROI | 20.8 % | 5.9 % | 29.9 % | |
Economic value added (EVA) | 61.45 | 201.74 | -72.70 | 244.82 |
Solvency | ||||
Equity ratio | 93.5 % | 86.7 % | 88.8 % | |
Gearing | 3.0 % | 15.1 % | 12.4 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 7.6 | 4.6 | 4.2 | |
Current ratio | 7.6 | 4.6 | 4.2 | |
Cash and cash equivalents | 5 322.56 | 7 699.98 | 7 939.51 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | AA | A | AA |
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