Formueforvaltning IHoDesign APS — Credit Rating and Financial Key Figures

CVR number: 37103624
Hvedemarksvej 2, 2605 Brøndby

Company information

Official name
Formueforvaltning IHoDesign APS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Formueforvaltning IHoDesign APS

Formueforvaltning IHoDesign APS (CVR number: 37103624) is a company from BRØNDBY. The company recorded a gross profit of 319.8 kDKK in 2023, demonstrating a decline of -60 % compared to the previous year. The operating profit was -250 kDKK, while net earnings were -248.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.1 %, which can be considered poor and Return on Equity (ROE) was -42.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Formueforvaltning IHoDesign APS's liquidity measured by quick ratio was 16.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales905.80882.001 024.88838.74
Gross profit870.22846.641 000.12800.28319.83
EBIT307.14265.89479.54199.82- 250.04
Net earnings238.67261.39365.07149.21- 248.53
Shareholders equity total425.02451.40588.57726.70438.78
Balance sheet total (assets)627.29927.25867.30844.04467.80
Net debt- 544.29- 831.25- 655.20- 734.31- 462.90
Profitability
EBIT-%33.9 %30.1 %46.8 %23.8 %
ROA61.3 %34.2 %53.4 %23.4 %-38.1 %
ROE73.3 %59.6 %70.2 %22.7 %-42.6 %
ROI94.4 %60.7 %92.2 %30.4 %-42.9 %
Economic value added (EVA)227.50244.54346.29124.22- 286.55
Solvency
Equity ratio67.8 %48.7 %67.9 %86.1 %93.8 %
Gearing
Relative net indebtedness %-37.8 %-40.3 %-36.7 %-73.6 %
Liquidity
Quick ratio3.11.93.17.216.1
Current ratio3.11.93.17.216.1
Cash and cash equivalents544.29831.25655.20734.31462.90
Capital use efficiency
Trade debtors turnover (days)33.439.775.530.6
Net working capital %46.9 %51.2 %57.4 %86.6 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-38.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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