IHAB Business Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IHAB Business Development ApS
IHAB Business Development ApS (CVR number: 40645535) is a company from ODENSE. The company reported a net sales of 109.5 mDKK in 2023, demonstrating a growth of 2820.7 % compared to the previous year. The operating profit percentage was at 37.5 % (EBIT: 41 mDKK), while net earnings were 32.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 50.7 %, which can be considered excellent and Return on Equity (ROE) was 68.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.2 %, 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. IHAB Business Development ApS's liquidity measured by quick ratio was 35.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 109.79 | 42.04 | 3.75 | 109.53 | |
Gross profit | 109.79 | 36.99 | 42.04 | 13.21 | 42.52 |
EBIT | 35.62 | 4.49 | 50.41 | 11.71 | 41.02 |
Net earnings | 26.56 | 4.17 | 39.41 | 8.55 | 32.85 |
Shareholders equity total | 26.66 | 25.84 | 47.75 | 31.30 | 64.15 |
Balance sheet total (assets) | 92.66 | 65.26 | 83.88 | 45.26 | 120.68 |
Net debt | 2.51 | -7.28 | -92.92 | ||
Profitability | |||||
EBIT-% | 32.4 % | 119.9 % | 312.2 % | 37.5 % | |
ROA | 38.4 % | 5.7 % | 67.6 % | 18.1 % | 50.7 % |
ROE | 99.6 % | 15.9 % | 107.1 % | 21.6 % | 68.8 % |
ROI | 38.4 % | 5.7 % | 67.6 % | 18.1 % | 51.8 % |
Economic value added (EVA) | 35.62 | 1.85 | 49.93 | 6.72 | 29.55 |
Solvency | |||||
Equity ratio | 100.0 % | 27.9 % | 100.0 % | 69.2 % | 53.2 % |
Gearing | 75.7 % | ||||
Relative net indebtedness % | -190.9 % | -81.9 % | |||
Liquidity | |||||
Quick ratio | 3.6 | 262.5 | 35.6 | ||
Current ratio | 3.6 | 262.5 | 35.6 | ||
Cash and cash equivalents | 17.04 | 7.28 | 92.92 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1 689.1 | 29.3 | |||
Net working capital % | 853.8 % | 100.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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