itm8 A/S — Credit Rating and Financial Key Figures

CVR number: 27001092
Dalgas Plads 7 B, 7400 Herning

Company information

Official name
itm8 A/S
Personnel
810 persons
Established
2003
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales641.13961.691 009.331 030.021 564.71
Gross profit641.13961.691 009.33449.62684.65
EBIT81.7822.5729.67108.28120.53
Net earnings62.1337.9116.8783.4491.31
Shareholders equity total36.2461.0093.89160.33226.26
Balance sheet total (assets)180.20315.79342.56413.62613.22
Net debt3.9544.32
Profitability
EBIT-%12.8 %2.3 %2.9 %10.5 %7.7 %
ROA46.2 %9.1 %9.0 %29.5 %24.6 %
ROE216.6 %78.0 %21.8 %65.6 %47.2 %
ROI46.2 %9.1 %9.0 %43.1 %53.8 %
Economic value added (EVA)80.7220.7526.6079.1484.53
Solvency
Equity ratio100.0 %100.0 %100.0 %39.2 %37.8 %
Gearing5.3 %20.4 %
Relative net indebtedness %24.1 %24.6 %
Liquidity
Quick ratio1.41.4
Current ratio1.31.3
Cash and cash equivalents4.601.94
Capital use efficiency
Trade debtors turnover (days)42.845.4
Net working capital %7.1 %7.1 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:24.6%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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