Finance IQ ApS — Credit Rating and Financial Key Figures

CVR number: 38938991
Lyngby Hovedgade 4, 2800 Kongens Lyngby

Company information

Official name
Finance IQ ApS
Established
2017
Company form
Private limited company
Industry

About Finance IQ ApS

Finance IQ ApS (CVR number: 38938991) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -859.1 kDKK in 2024. The operating profit was -1201 kDKK, while net earnings were -923.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -54.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Finance IQ ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit996.602 001.561 955.631 722.59- 859.12
EBIT907.431 853.021 680.141 366.13-1 200.98
Net earnings782.551 484.051 378.181 114.60- 923.37
Shareholders equity total3 774.015 258.074 036.243 150.84227.47
Balance sheet total (assets)4 184.675 936.767 729.108 575.837 577.85
Net debt-44.88-94.412 954.094 480.806 918.45
Profitability
EBIT-%
ROA26.3 %38.5 %27.8 %20.2 %-11.9 %
ROE23.1 %32.9 %29.7 %31.0 %-54.7 %
ROI27.9 %41.7 %29.8 %21.6 %-12.4 %
Economic value added (EVA)519.041 246.541 014.07667.38-1 365.92
Solvency
Equity ratio90.2 %88.6 %52.2 %36.7 %3.0 %
Gearing2.4 %4.2 %80.5 %151.8 %3218.1 %
Relative net indebtedness %
Liquidity
Quick ratio9.27.91.91.51.0
Current ratio9.27.91.91.51.0
Cash and cash equivalents134.27317.49296.25301.69401.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:-11.9%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.00%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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