ITT ApS — Credit Rating and Financial Key Figures

ITT ApS (CVR number: 38670921K) is a company from HORSENS. The company recorded a gross profit of 240.8 kDKK in 2017. The operating profit was 165.8 kDKK, while net earnings were 124 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ITT ApS's liquidity measured by quick ratio was 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.