IHAB Business Development ApS — Credit Rating and Financial Key Figures

CVR number: 40645535
Sverigesgade 4, 5000 Odense C

Credit rating

Company information

Official name
IHAB Business Development ApS
Established
2019
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales109.7942.043.75109.53
Gross profit109.7936.9942.0413.2142.52
EBIT35.624.4950.4111.7141.02
Net earnings26.564.1739.418.5532.85
Shareholders equity total26.6625.8447.7531.3064.15
Balance sheet total (assets)92.6665.2683.8845.26120.68
Net debt2.51-7.28-92.92
Profitability
EBIT-%32.4 %119.9 %312.2 %37.5 %
ROA38.4 %5.7 %67.6 %18.1 %50.7 %
ROE99.6 %15.9 %107.1 %21.6 %68.8 %
ROI38.4 %5.7 %67.6 %18.1 %51.8 %
Economic value added (EVA)35.621.8549.936.7229.55
Solvency
Equity ratio100.0 %27.9 %100.0 %69.2 %53.2 %
Gearing75.7 %
Relative net indebtedness %-190.9 %-81.9 %
Liquidity
Quick ratio3.6262.535.6
Current ratio3.6262.535.6
Cash and cash equivalents17.047.2892.92
Capital use efficiency
Trade debtors turnover (days)1 689.129.3
Net working capital %853.8 %100.3 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:50.7%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.2%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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