Business IT ApS — Credit Rating and Financial Key Figures

CVR number: 39927276
Grundtvigs Alle 176, 6400 Sønderborg
pwe@businessit.dk
tel: 29166349

Company information

Official name
Business IT ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Business IT ApS

Business IT ApS (CVR number: 39927276) is a company from SØNDERBORG. The company recorded a gross profit of 684 kDKK in 2021. The operating profit was 111.2 kDKK, while net earnings were 87.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 105.2 %, which can be considered excellent and Return on Equity (ROE) was 135.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.3 %, 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. Business IT ApS's liquidity measured by quick ratio was 2.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
Volume
Net sales
Gross profit646.44707.72683.97
EBIT4.98-24.95111.23
Net earnings0.07-25.0587.71
Shareholders equity total5.07-19.9867.73
Balance sheet total (assets)42.1661.99129.56
Net debt-34.73-54.44- 102.67
Profitability
EBIT-%
ROA11.8 %-40.2 %105.2 %
ROE1.4 %-74.7 %135.2 %
ROI53.9 %-540.1 %318.3 %
Economic value added (EVA)4.98-23.2591.55
Solvency
Equity ratio12.0 %-24.4 %52.3 %
Gearing82.3 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.82.1
Current ratio1.10.82.1
Cash and cash equivalents38.9054.44104.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:105.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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

... and more!

No registration needed.