IGNITE IT ApS — Credit Rating and Financial Key Figures

IGNITE IT ApS (CVR number: 35680365) is a company from NÆSTVED. The company recorded a gross profit of -24.4 kDKK in 2023. The operating profit was -24.4 kDKK, while net earnings were 278.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.9 %, 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. IGNITE IT ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.