IO Online ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IO Online ApS
IO Online ApS (CVR number: 40233431) is a company from SILKEBORG. The company recorded a gross profit of 777.5 kDKK in 2024. The operating profit was -343.7 kDKK, while net earnings were -337 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.8 %, which can be considered poor and Return on Equity (ROE) was -62.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IO Online ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 960.00 | 1 211.00 | 1 313.00 | 927.98 | 777.50 |
| EBIT | 1 676.00 | 300.00 | 246.00 | - 166.20 | - 343.75 |
| Net earnings | 1 275.00 | 221.00 | 157.00 | - 164.30 | - 336.99 |
| Shareholders equity total | 1 474.00 | 445.00 | 402.00 | 87.64 | - 249.35 |
| Balance sheet total (assets) | 2 222.00 | 1 664.00 | 1 526.00 | 1 326.10 | 990.86 |
| Net debt | -2 167.00 | - 540.00 | - 548.00 | - 172.91 | 215.95 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 55.7 % | 15.9 % | 15.4 % | -9.0 % | -23.8 % |
| ROE | 50.3 % | 23.0 % | 37.1 % | -67.1 % | -62.5 % |
| ROI | 66.1 % | 20.4 % | 16.6 % | -9.8 % | -25.3 % |
| Economic value added (EVA) | 1 124.53 | 159.38 | 111.64 | - 227.85 | - 399.71 |
| Solvency | |||||
| Equity ratio | 66.3 % | 26.7 % | 26.3 % | 6.6 % | -20.1 % |
| Gearing | 247.4 % | 239.6 % | 1299.2 % | -475.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.0 | 1.4 | 1.4 | 1.1 | 0.8 |
| Current ratio | 3.0 | 1.4 | 1.4 | 1.1 | 0.8 |
| Cash and cash equivalents | 2 167.00 | 1 641.00 | 1 511.00 | 1 311.56 | 969.33 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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