IGLO 1218 ApS — Credit Rating and Financial Key Figures

CVR number: 27926797
Vesterbro 1 F, 5000 Odense C
post@vokan.dk
tel: 61672777

Credit rating

Company information

Official name
IGLO 1218 ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon702000

About IGLO 1218 ApS

IGLO 1218 ApS (CVR number: 27926797) is a company from ODENSE. The company reported a net sales of 0 mDKK in 2023. The operating profit percentage was at 29.9 % (EBIT: 0 mDKK), while net earnings were 31.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent but Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IGLO 1218 ApS's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales32.65
Gross profit-16.449.77
EBIT-16.47-21.96-20.33-16.449.77
Net earnings452.81226.38226.89- 192.8231.60
Shareholders equity total1 447.021 941.402 431.082 431.082 269.86
Balance sheet total (assets)1 917.742 580.254 738.494 738.494 834.87
Net debt-1 510.66-1 522.49-2 399.29-2 399.29-2 236.44
Profitability
EBIT-%29.9 %
ROA33.5 %14.3 %8.0 %-0.0 %26.5 %
ROE37.1 %13.4 %10.4 %-7.9 %1.3 %
ROI37.8 %14.5 %8.0 %-0.0 %26.5 %
Economic value added (EVA)0.938.558.78127.58146.74
Solvency
Equity ratio75.5 %75.2 %51.3 %51.3 %46.9 %
Gearing28.1 %32.9 %94.9 %94.9 %113.0 %
Relative net indebtedness %-6849.3 %
Liquidity
Quick ratio4.14.02.12.11.9
Current ratio4.14.02.12.11.9
Cash and cash equivalents1 917.742 161.344 706.704 706.704 801.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-7747.1 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:26.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.9%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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