Unit IT Holding A/S — Credit Rating and Financial Key Figures

CVR number: 38219626
Turbinevej 10, 5500 Middelfart

Credit rating

Company information

Official name
Unit IT Holding A/S
Established
2016
Company form
Limited company
Industry

About Unit IT Holding A/S

Unit IT Holding A/S (CVR number: 38219626K) is a company from MIDDELFART. The company reported a net sales of 272.8 mDKK in 2023, demonstrating a growth of 18.9 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 5.2 mDKK), while net earnings were 166 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. Unit IT Holding A/S's liquidity measured by quick ratio was 0.8 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales135.57160.12201.93229.53272.81
Gross profit78.34112.34133.79132.60143.36
EBIT11.6024.2122.3323.255.25
Net earnings11.8518.8016.8518.070.17
Shareholders equity total56.9840.7749.6261.69167.86
Balance sheet total (assets)104.4090.75141.07137.37497.31
Net debt-9.71-3.356.6519.81207.88
Profitability
EBIT-%8.6 %15.1 %11.1 %10.1 %1.9 %
ROA13.2 %25.0 %19.3 %16.7 %1.7 %
ROE23.2 %38.5 %37.3 %32.5 %0.1 %
ROI8.4 %22.4 %32.3 %26.1 %2.1 %
Economic value added (EVA)9.4316.5216.1516.490.68
Solvency
Equity ratio50.0 %46.2 %36.1 %45.8 %34.2 %
Gearing19.2 %32.7 %127.5 %
Relative net indebtedness %-49.2 %29.1 %43.9 %32.8 %118.5 %
Liquidity
Quick ratio-1.00.90.70.70.8
Current ratio-1.00.80.60.60.8
Cash and cash equivalents9.713.352.880.376.08
Capital use efficiency
Trade debtors turnover (days)41.259.952.0103.7
Net working capital %82.7 %-3.6 %-13.3 %-9.9 %-9.4 %
Credit risk
Credit ratingBBBAAAAAAAAA

Variable visualization

ROA:1.68%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.2%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.