itm8 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About itm8 A/S
itm8 A/S (CVR number: 27001092) is a company from HERNING. The company reported a net sales of 1564.7 mDKK in 2024, demonstrating a growth of 51.9 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 120.5 mDKK), while net earnings were 91.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 47.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. itm8 A/S's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 641.13 | 961.69 | 1 009.33 | 1 030.02 | 1 564.71 |
Gross profit | 641.13 | 961.69 | 1 009.33 | 449.62 | 684.65 |
EBIT | 81.78 | 22.57 | 29.67 | 108.28 | 120.53 |
Net earnings | 62.13 | 37.91 | 16.87 | 83.44 | 91.31 |
Shareholders equity total | 36.24 | 61.00 | 93.89 | 160.33 | 226.26 |
Balance sheet total (assets) | 180.20 | 315.79 | 342.56 | 413.62 | 613.22 |
Net debt | 3.95 | 44.32 | |||
Profitability | |||||
EBIT-% | 12.8 % | 2.3 % | 2.9 % | 10.5 % | 7.7 % |
ROA | 46.2 % | 9.1 % | 9.0 % | 29.5 % | 24.6 % |
ROE | 216.6 % | 78.0 % | 21.8 % | 65.6 % | 47.2 % |
ROI | 46.2 % | 9.1 % | 9.0 % | 43.1 % | 53.8 % |
Economic value added (EVA) | 80.72 | 20.75 | 26.60 | 79.14 | 84.53 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 39.2 % | 37.8 % |
Gearing | 5.3 % | 20.4 % | |||
Relative net indebtedness % | 24.1 % | 24.6 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | |||
Current ratio | 1.3 | 1.3 | |||
Cash and cash equivalents | 4.60 | 1.94 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 42.8 | 45.4 | |||
Net working capital % | 7.1 % | 7.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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