Finance IQ ApS

CVR number: 38938991
Lyngby Torv 1, 2800 Kongens Lyngby

Credit rating

Company information

Official name
Finance IQ ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon63Information service activities

About Finance IQ ApS

Finance IQ ApS (CVR number: 38938991) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1722.6 kDKK in 2023. The operating profit was 1366.1 kDKK, while net earnings were 1114.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 31 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. Finance IQ ApS's liquidity measured by quick ratio was 1.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit367.66996.602 001.561 955.631 722.59
EBIT353.34907.431 853.021 680.141 366.13
Net earnings325.72782.551 484.051 378.181 114.60
Shareholders equity total2 991.473 774.015 258.074 036.243 150.84
Balance sheet total (assets)3 895.704 184.675 936.767 729.108 575.83
Net debt258.76-44.88-94.412 954.094 480.80
Profitability
EBIT-%
ROA12.3 %26.3 %38.5 %27.8 %20.2 %
ROE11.5 %23.1 %32.9 %29.7 %31.0 %
ROI15.6 %27.9 %41.7 %29.8 %21.6 %
Economic value added (EVA)151.34582.661 257.911 041.23714.95
Solvency
Equity ratio76.8 %90.2 %88.6 %52.2 %36.7 %
Gearing25.4 %2.4 %4.2 %80.5 %151.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.19.27.91.91.5
Current ratio4.19.27.91.91.5
Cash and cash equivalents501.14134.27317.49296.25301.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.2%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.7%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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