IFM ELECTRONIC A/S — Credit Rating and Financial Key Figures

CVR number: 21409286
Ringager 2 A, 2605 Brøndby
info.dk@ifm.com
tel: 70201109
www.ifm.com

Credit rating

Company information

Official name
IFM ELECTRONIC A/S
Personnel
24 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About IFM ELECTRONIC A/S

IFM ELECTRONIC A/S (CVR number: 21409286) is a company from BRØNDBY. The company recorded a gross profit of 21.9 mDKK in 2023. The operating profit was 4195.1 kDKK, while net earnings were 3190.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 30 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. IFM ELECTRONIC A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit12 352.8415 120.3817 807.2327 879.2221 932.55
EBIT1 875.962 627.553 738.5111 137.844 195.09
Net earnings1 772.912 211.852 800.538 578.003 190.91
Shareholders equity total- 787.371 424.484 225.0112 803.028 493.93
Balance sheet total (assets)18 380.7920 666.1830 074.7838 382.4325 120.69
Net debt14 766.7611 827.5618 914.8315 449.0812 343.78
Profitability
EBIT-%
ROA9.7 %13.2 %14.7 %32.6 %13.4 %
ROE10.0 %22.3 %99.1 %100.8 %30.0 %
ROI11.8 %17.4 %19.5 %40.1 %16.0 %
Economic value added (EVA)2 035.462 412.422 888.418 526.922 773.08
Solvency
Equity ratio-4.1 %6.9 %14.0 %33.4 %33.8 %
Gearing-2045.2 %895.0 %470.7 %145.0 %154.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.21.41.4
Current ratio1.01.11.21.41.4
Cash and cash equivalents1 336.72920.92971.543 112.17739.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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