IPS Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 39640449
Europavej 15, Bov 6330 Padborg
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Credit rating

Company information

Official name
IPS Denmark A/S
Personnel
20 persons
Established
2018
Domicile
Bov
Company form
Limited company
Industry

About IPS Denmark A/S

IPS Denmark A/S (CVR number: 39640449) is a company from AABENRAA. The company reported a net sales of 11 mDKK in 2024, demonstrating a growth of 47.3 % compared to the previous year. The operating profit percentage was poor at -18.2 % (EBIT: -2 mDKK), while net earnings were -1990.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -50.5 %. 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 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales3 839.593 576.604 046.887 458.5310 985.33
Gross profit1 693.121 350.271 850.794 735.075 655.77
EBIT-1 077.26-1 176.00- 999.27- 345.10-2 004.11
Net earnings-1 100.39-1 195.25-1 031.77- 335.86-1 990.94
Shareholders equity total-3 469.73-4 664.99-5 696.76-6 032.62-8 023.56
Balance sheet total (assets)3 858.754 096.915 155.436 683.227 863.78
Net debt6 318.178 321.5010 262.2411 372.9614 276.42
Profitability
EBIT-%-28.1 %-32.9 %-24.7 %-4.6 %-18.2 %
ROA-15.9 %-14.6 %-10.2 %-2.9 %-14.0 %
ROE-28.5 %-30.0 %-22.3 %-5.7 %-27.4 %
ROI-18.4 %-16.1 %-10.6 %-3.1 %-15.5 %
Economic value added (EVA)-1 229.73-1 319.14-1 183.01- 588.15-2 274.45
Solvency
Equity ratio-47.3 %-53.2 %-52.5 %-47.4 %-50.5 %
Gearing-182.1 %-178.4 %-184.9 %-189.2 %-180.8 %
Relative net indebtedness %190.9 %245.0 %261.5 %170.0 %142.5 %
Liquidity
Quick ratio0.20.20.20.30.2
Current ratio0.40.40.40.40.4
Cash and cash equivalents271.2939.48229.82
Capital use efficiency
Trade debtors turnover (days)77.399.378.1100.762.0
Net working capital %-119.8 %-158.9 %-170.4 %-95.0 %-88.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-14.0%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-50.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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