TELIT ApS — Credit Rating and Financial Key Figures

TELIT ApS (CVR number: 25705246) is a company from NÆSTVED. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 27.3 % compared to the previous year. The operating profit percentage was at 35.1 % (EBIT: 0 mDKK), while net earnings were 30.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TELIT ApS's liquidity measured by quick ratio was 26.7 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.