IPS Denmark A/S

CVR number: 39640449
Europavej 15, Bov 6330 Padborg

Credit rating

Company information

Official name
IPS Denmark A/S
Personnel
17 persons
Established
2018
Domicile
Bov
Company form
Limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About IPS Denmark A/S

IPS Denmark A/S (CVR number: 39640449) is a company from AABENRAA. The company reported a net sales of 7.5 mDKK in 2023, demonstrating a growth of 84.3 % compared to the previous year. The operating profit percentage was poor at -4.6 % (EBIT: -0.3 mDKK), while net earnings were -335.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IPS Denmark A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 521.633 839.593 576.604 046.887 458.53
Gross profit13.411 693.121 350.271 850.794 735.07
EBIT-2 036.03-1 077.26-1 176.00- 999.27- 345.10
Net earnings-2 052.34-1 100.39-1 195.25-1 031.77- 335.86
Shareholders equity total-2 369.34-3 469.73-4 664.99-5 696.76-6 032.62
Balance sheet total (assets)3 864.723 858.754 096.915 155.436 683.22
Net debt5 196.586 318.178 321.5010 262.2411 372.96
Profitability
EBIT-%-133.8 %-28.1 %-32.9 %-24.7 %-4.6 %
ROA-46.8 %-15.9 %-14.6 %-10.2 %-2.9 %
ROE-68.2 %-28.5 %-30.0 %-22.3 %-5.7 %
ROI-52.9 %-18.4 %-16.1 %-10.6 %-3.1 %
Economic value added (EVA)-2 012.26- 947.79-1 001.65- 764.86-45.20
Solvency
Equity ratio-38.0 %-47.3 %-53.2 %-52.5 %-47.4 %
Gearing-228.1 %-182.1 %-178.4 %-184.9 %-189.2 %
Relative net indebtedness %396.1 %190.9 %245.0 %261.5 %170.0 %
Liquidity
Quick ratio0.30.20.20.20.3
Current ratio0.40.40.40.40.4
Cash and cash equivalents207.09271.2939.48
Capital use efficiency
Trade debtors turnover (days)228.177.399.378.1100.7
Net working capital %-227.1 %-119.8 %-158.9 %-170.4 %-95.0 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-2.93%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-47.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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