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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 85 mDKK in 2024, demonstrating a decline of -22.4 % compared to the previous year. The operating profit percentage was at 54.8 % (EBIT: 46.6 mDKK), while net earnings were 38.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 39.2 %, which can be considered excellent and Return on Equity (ROE) was 71.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IHAB Business Development ApS's liquidity measured by quick ratio was 5.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 42.04 | 3.75 | 109.53 | 84.95 | |
| Gross profit | 36.99 | 42.04 | 3.75 | 42.52 | 48.06 |
| EBIT | 4.49 | 50.41 | 11.71 | 41.02 | 46.56 |
| Net earnings | 4.17 | 39.41 | 8.55 | 32.85 | 38.08 |
| Shareholders equity total | 25.84 | 47.75 | 31.30 | 64.15 | 42.23 |
| Balance sheet total (assets) | 65.26 | 83.88 | 45.27 | 120.68 | 130.32 |
| Net debt | 2.51 | -92.92 | -90.96 | ||
| Profitability | |||||
| EBIT-% | 119.9 % | 312.2 % | 37.5 % | 54.8 % | |
| ROA | 5.7 % | 67.6 % | 18.1 % | 50.7 % | 39.2 % |
| ROE | 15.9 % | 107.1 % | 21.6 % | 68.8 % | 71.6 % |
| ROI | 5.7 % | 67.6 % | 18.1 % | 51.7 % | 40.2 % |
| Economic value added (EVA) | 1.85 | 48.09 | 9.31 | 30.44 | 30.45 |
| Solvency | |||||
| Equity ratio | 27.9 % | 100.0 % | 100.0 % | 53.2 % | 32.4 % |
| Gearing | 75.7 % | 42.9 % | |||
| Relative net indebtedness % | -81.9 % | -103.4 % | |||
| Liquidity | |||||
| Quick ratio | 3.6 | 35.6 | 5.8 | ||
| Current ratio | 3.6 | 35.6 | 5.8 | ||
| Cash and cash equivalents | 17.04 | 92.92 | 109.09 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 29.3 | ||||
| Net working capital % | 100.3 % | 121.2 % | |||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | A |
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