Credit rating
Company information
About Access-IoT ApS
Access-IoT ApS (CVR number: 37654094) is a company from ALBERTSLUND. The company recorded a gross profit of 1.4 kDKK in 2023. The operating profit was -4.4 kDKK, while net earnings were -3.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Access-IoT ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 860.55 | ||||
Gross profit | 89.88 | 41.29 | 101.56 | 58.51 | 1.41 |
EBIT | 74.48 | 11.46 | 71.73 | 24.83 | -4.44 |
Net earnings | 58.10 | 1.94 | 55.32 | 19.47 | -3.54 |
Shareholders equity total | 338.47 | 340.41 | 395.74 | 415.21 | 411.30 |
Balance sheet total (assets) | 451.99 | 458.61 | 583.95 | 669.56 | 596.76 |
Net debt | -55.87 | 13.03 | -44.37 | -41.42 | -2.00 |
Profitability | |||||
EBIT-% | 8.7 % | ||||
ROA | 23.0 % | 2.5 % | 13.8 % | 4.0 % | -0.7 % |
ROE | 29.3 % | 0.6 % | 15.0 % | 4.8 % | -0.9 % |
ROI | 30.8 % | 3.0 % | 17.6 % | 6.1 % | -1.1 % |
Economic value added (EVA) | 57.12 | 5.52 | 41.37 | 2.19 | -23.22 |
Solvency | |||||
Equity ratio | 74.9 % | 74.2 % | 67.8 % | 62.0 % | 68.9 % |
Gearing | 21.4 % | 1.9 % | |||
Relative net indebtedness % | 3.0 % | ||||
Liquidity | |||||
Quick ratio | 3.1 | 2.5 | 2.4 | 2.9 | 3.4 |
Current ratio | 3.5 | 2.5 | 2.4 | 2.9 | 3.4 |
Cash and cash equivalents | 55.87 | 59.84 | 51.97 | 41.42 | 2.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 74.0 | ||||
Net working capital % | 21.5 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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