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IQ-plug ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IQ-plug ApS
IQ-plug ApS (CVR number: 41485183) is a company from MARIAGERFJORD. The company recorded a gross profit of -195.9 kDKK in 2025. The operating profit was -197.8 kDKK, while net earnings were -222.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -39.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -77.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IQ-plug ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -16.68 | - 212.72 | -1 278.84 | - 201.28 | - 195.95 |
| EBIT | -16.68 | - 353.94 | -1 278.84 | - 201.28 | - 197.84 |
| Net earnings | -13.78 | - 284.61 | -1 043.61 | - 222.81 | - 222.64 |
| Shareholders equity total | 26.22 | - 258.39 | -1 302.00 | -1 524.81 | -1 747.45 |
| Balance sheet total (assets) | 30.89 | 132.57 | 619.21 | 623.38 | 500.90 |
| Net debt | -26.98 | 296.02 | 1 692.41 | 1 778.25 | 1 895.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -54.0 % | -167.8 % | -110.6 % | -9.9 % | -9.0 % |
| ROE | -52.5 % | -358.5 % | -277.6 % | -35.9 % | -39.6 % |
| ROI | -62.0 % | -202.4 % | -115.3 % | -10.9 % | -10.7 % |
| Economic value added (EVA) | -13.54 | - 277.43 | -1 000.73 | - 186.84 | - 169.39 |
| Solvency | |||||
| Equity ratio | 84.9 % | -66.1 % | -67.8 % | -71.0 % | -77.7 % |
| Gearing | 2.6 % | -125.0 % | -145.6 % | -118.1 % | -109.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.6 | 0.3 | 3.5 | 1.0 | 0.8 |
| Current ratio | 6.6 | 0.3 | 3.5 | 1.8 | 1.5 |
| Cash and cash equivalents | 27.65 | 26.87 | 203.56 | 22.71 | 9.99 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | B | B | BB |
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