I-Wood Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 38152416
Fabriksvej 4, 6973 Ørnhøj
info@i-wood.dk
tel: 24217670
www.i-wood.dk

Credit rating

Company information

Official name
I-Wood Denmark ApS
Personnel
20 persons
Established
2016
Company form
Private limited company
Industry

About I-Wood Denmark ApS

I-Wood Denmark ApS (CVR number: 38152416) is a company from HERNING. The company recorded a gross profit of 8581.3 kDKK in 2023. The operating profit was -1168.8 kDKK, while net earnings were -1259.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -47.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. I-Wood Denmark ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit679.592 852.416 141.327 483.428 581.30
EBIT62.19201.191 963.651 193.52-1 168.82
Net earnings1.8187.191 412.21834.67-1 259.16
Shareholders equity total30.49567.681 979.892 814.562 455.40
Balance sheet total (assets)2 397.263 604.947 779.9512 298.4414 518.01
Net debt1 630.871 232.992 567.074 097.955 462.14
Profitability
EBIT-%
ROA2.5 %6.7 %34.5 %11.9 %-8.7 %
ROE0.2 %29.2 %110.9 %34.8 %-47.8 %
ROI3.0 %11.6 %58.7 %19.5 %-14.9 %
Economic value added (EVA)26.9596.761 500.28814.00-1 068.14
Solvency
Equity ratio1.3 %27.4 %29.0 %24.0 %27.1 %
Gearing5349.2 %217.2 %129.7 %145.6 %222.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.61.00.70.7
Current ratio0.40.71.31.21.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-8.72%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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