Improving ApS — Credit Rating and Financial Key Figures

CVR number: 38326538
Pakhustorvet 8, 6000 Kolding

Credit rating

Company information

Official name
Improving ApS
Personnel
14 persons
Established
2017
Company form
Private limited company
Industry

About Improving ApS

Improving ApS (CVR number: 38326538) is a company from KOLDING. The company recorded a gross profit of 9129.8 kDKK in 2024. The operating profit was 2342 kDKK, while net earnings were 1860.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.4 %, which can be considered excellent and Return on Equity (ROE) was 55 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.3 %, 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. Improving ApS's liquidity measured by quick ratio was 2.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 649.228 626.928 402.897 863.379 129.77
EBIT1 207.271 483.401 456.621 444.642 342.04
Net earnings914.28934.66830.281 161.111 860.83
Shareholders equity total1 986.252 820.913 551.194 612.302 152.41
Balance sheet total (assets)4 772.734 292.614 991.055 749.403 825.11
Net debt-3 017.85-2 024.54-2 446.39-3 514.56-2 459.06
Profitability
EBIT-%
ROA33.3 %32.8 %31.6 %28.4 %50.4 %
ROE57.9 %38.9 %26.1 %28.4 %55.0 %
ROI67.1 %58.0 %45.9 %37.3 %71.3 %
Economic value added (EVA)873.631 038.13982.45921.691 584.21
Solvency
Equity ratio41.6 %65.7 %71.2 %80.2 %56.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.82.73.35.02.2
Current ratio1.82.73.35.02.2
Cash and cash equivalents3 017.852 024.542 446.393 514.562 459.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:50.4%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.3%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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