Præstevænget 109, Ikast ApS — Credit Rating and Financial Key Figures

CVR number: 41274514
Strøget 38, 7430 Ikast

Credit rating

Company information

Official name
Præstevænget 109, Ikast ApS
Established
2020
Company form
Private limited company
Industry

About Præstevænget 109, Ikast ApS

Præstevænget 109, Ikast ApS (CVR number: 41274514) is a company from IKAST-BRANDE. The company recorded a gross profit of -16.6 kDKK in 2024. The operating profit was -16.6 kDKK, while net earnings were -21.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38 %, 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. Præstevænget 109, Ikast ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit87.30100.1025.61178.16-16.56
EBIT85.56100.10-37.16187.61-16.56
Net earnings61.0472.61-44.62135.53-21.26
Shareholders equity total101.04474.40429.78565.31544.05
Balance sheet total (assets)1 225.091 707.191 551.851 467.821 433.36
Net debt930.62737.75809.44621.71735.21
Profitability
EBIT-%
ROA7.0 %6.8 %-2.3 %12.5 %-1.1 %
ROE60.4 %25.2 %-9.9 %27.2 %-3.8 %
ROI7.3 %7.2 %-2.4 %13.0 %-1.2 %
Economic value added (EVA)65.7550.04-68.44106.18-62.85
Solvency
Equity ratio8.2 %27.8 %27.7 %38.5 %38.0 %
Gearing1048.5 %206.9 %223.5 %120.2 %136.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.30.20.1
Current ratio0.30.50.30.20.1
Cash and cash equivalents128.78243.87151.3057.826.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.11%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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