I F C BUSINESS DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About I F C BUSINESS DEVELOPMENT ApS
I F C BUSINESS DEVELOPMENT ApS (CVR number: 21411507) is a company from AARHUS. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was -130.7 kDKK, while net earnings were 22.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. I F C BUSINESS DEVELOPMENT ApS's liquidity measured by quick ratio was 400.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -18.58 | -27.58 | -17.30 | -18.78 | -10.66 |
| EBIT | - 143.58 | - 147.58 | - 137.30 | - 138.78 | - 130.66 |
| Net earnings | - 141.17 | 756.99 | 70.46 | -42.90 | 22.76 |
| Shareholders equity total | 2 055.64 | 2 812.64 | 2 883.10 | 2 840.20 | 2 862.96 |
| Balance sheet total (assets) | 2 238.72 | 3 078.85 | 3 140.38 | 2 997.13 | 2 870.12 |
| Net debt | -1 874.40 | -2 674.43 | -2 645.07 | -2 622.02 | -2 825.41 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.9 % | 36.6 % | 5.4 % | -1.0 % | 1.3 % |
| ROE | -6.6 % | 31.1 % | 2.5 % | -1.5 % | 0.8 % |
| ROI | -4.0 % | 36.9 % | 5.4 % | -1.0 % | 1.3 % |
| Economic value added (EVA) | - 104.62 | - 108.30 | -90.68 | - 101.64 | -96.34 |
| Solvency | |||||
| Equity ratio | 91.8 % | 91.4 % | 91.8 % | 94.8 % | 99.8 % |
| Gearing | 7.3 % | 8.9 % | 8.7 % | 5.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.4 | 11.0 | 11.6 | 18.1 | 400.9 |
| Current ratio | 11.4 | 11.0 | 11.6 | 18.1 | 400.9 |
| Cash and cash equivalents | 2 024.40 | 2 924.43 | 2 895.07 | 2 772.02 | 2 825.41 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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