Institut for Urban Kunst Aps — Credit Rating and Financial Key Figures

CVR number: 40195122
Ryesgade 1, 2200 København N
www.ifuk.dk

Credit rating

Company information

Official name
Institut for Urban Kunst Aps
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Institut for Urban Kunst Aps

Institut for Urban Kunst Aps (CVR number: 40195122) is a company from KØBENHAVN. The company recorded a gross profit of 1209.8 kDKK in 2023. The operating profit was 55.9 kDKK, while net earnings were 54.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. Institut for Urban Kunst Aps's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales991.25
Gross profit714.441 057.73984.161 708.471 209.84
EBIT92.91314.57- 146.1518.7155.88
Net earnings70.91244.97- 146.1537.5754.95
Shareholders equity total120.91365.88219.73257.31312.25
Balance sheet total (assets)357.99763.45526.95428.80532.44
Net debt- 322.37- 196.71- 191.30- 338.31- 151.70
Profitability
EBIT-%9.4 %
ROA26.0 %56.1 %-22.7 %3.9 %11.6 %
ROE58.6 %100.6 %-49.9 %15.8 %19.3 %
ROI76.8 %129.2 %-49.9 %7.8 %19.6 %
Economic value added (EVA)70.91255.09- 154.6511.8659.95
Solvency
Equity ratio33.8 %47.9 %41.7 %60.0 %58.6 %
Gearing
Relative net indebtedness %-8.6 %
Liquidity
Quick ratio1.51.91.72.52.4
Current ratio1.51.91.72.52.4
Cash and cash equivalents322.37196.71191.30338.31151.70
Capital use efficiency
Trade debtors turnover (days)13.1
Net working capital %12.2 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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