ITMOVERS ApS — Credit Rating and Financial Key Figures

ITMOVERS ApS (CVR number: 36081635) is a company from KØGE. The company recorded a gross profit of 1448 kDKK in 2021. The operating profit was 9.7 kDKK, while net earnings were 10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. ITMOVERS ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.