IT PEOPLE DENMARK ApS
Credit rating
Company information
About IT PEOPLE DENMARK ApS
IT PEOPLE DENMARK ApS (CVR number: 35678611) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 11.1 kDKK, while net earnings were 7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. IT PEOPLE DENMARK ApS's liquidity measured by quick ratio was 1.6 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -1.20 | 3.12 | 9.15 | 3.32 | 11.12 |
Net earnings | -0.94 | 0.96 | 0.01 | 1.76 | 7.47 |
Shareholders equity total | -2.24 | 99.61 | 99.62 | 44.17 | 51.64 |
Balance sheet total (assets) | 0.46 | 504.13 | 310.01 | 195.69 | 143.72 |
Net debt | 2.70 | - 436.21 | -57.75 | -3.94 | -95.20 |
Profitability | |||||
EBIT-% | |||||
ROA | -57.2 % | 1.2 % | 2.2 % | 1.3 % | 6.6 % |
ROE | -283.6 % | 1.9 % | 0.0 % | 2.4 % | 15.6 % |
ROI | -57.2 % | 5.8 % | 8.6 % | 4.3 % | 22.2 % |
Economic value added (EVA) | -1.13 | 3.23 | 26.31 | 1.60 | 6.75 |
Solvency | |||||
Equity ratio | -82.9 % | 19.8 % | 32.1 % | 22.6 % | 35.9 % |
Gearing | -120.7 % | 5.0 % | 7.7 % | 4.1 % | 6.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 1.2 | 1.5 | 1.3 | 1.6 |
Current ratio | 0.2 | 1.2 | 1.5 | 1.3 | 1.6 |
Cash and cash equivalents | 441.18 | 65.39 | 5.75 | 98.67 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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