g-it ApS — Credit Rating and Financial Key Figures

CVR number: 37372862
Vandværksvej 24, 5000 Odense C
kch@g-it.dk
tel: 25406600
www.g-it.dk

Company information

Official name
g-it ApS
Personnel
15 persons
Established
2016
Company form
Private limited company
Industry

About g-it ApS

g-it ApS (CVR number: 37372862) is a company from ODENSE. The company recorded a gross profit of 7599.1 kDKK in 2023. The operating profit was 791.5 kDKK, while net earnings were 403.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent but Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -44.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. g-it ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 372.426 873.587 566.955 569.807 599.09
EBIT-1 591.36109.66-1 047.08- 787.78791.55
Net earnings-1 921.41-99.08- 764.34- 670.50403.11
Shareholders equity total-4 572.78-4 671.86-1 436.20-2 106.70-1 703.60
Balance sheet total (assets)5 543.404 807.414 187.713 105.132 537.05
Net debt6 703.805 679.38- 609.341 191.551 184.27
Profitability
EBIT-%
ROA-16.3 %1.1 %-13.8 %-14.4 %17.0 %
ROE-31.3 %-1.9 %-17.0 %-18.4 %14.3 %
ROI-24.9 %1.8 %-35.2 %-108.2 %67.8 %
Economic value added (EVA)-1 347.53400.99- 427.54- 511.09700.40
Solvency
Equity ratio-48.2 %-52.3 %-26.9 %-44.2 %-44.4 %
Gearing-146.9 %-121.6 %-17.6 %-56.6 %-69.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.31.30.60.6
Current ratio0.20.31.30.60.5
Cash and cash equivalents12.69862.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCCBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-44.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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