Access-IoT ApS — Credit Rating and Financial Key Figures

CVR number: 37654094
Naverland 2, 2600 Glostrup

Company information

Official name
Access-IoT ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales860.55
Gross profit89.8841.29101.5658.511.41
EBIT74.4811.4671.7324.83-4.44
Net earnings58.101.9455.3219.47-3.54
Shareholders equity total338.47340.41395.74415.21411.30
Balance sheet total (assets)451.99458.61583.95669.56596.76
Net debt-55.8713.03-44.37-41.42-2.00
Profitability
EBIT-%8.7 %
ROA23.0 %2.5 %13.8 %4.0 %-0.7 %
ROE29.3 %0.6 %15.0 %4.8 %-0.9 %
ROI30.8 %3.0 %17.6 %6.1 %-1.1 %
Economic value added (EVA)57.125.5241.372.19-23.22
Solvency
Equity ratio74.9 %74.2 %67.8 %62.0 %68.9 %
Gearing21.4 %1.9 %
Relative net indebtedness %3.0 %
Liquidity
Quick ratio3.12.52.42.93.4
Current ratio3.52.52.42.93.4
Cash and cash equivalents55.8759.8451.9741.422.00
Capital use efficiency
Trade debtors turnover (days)74.0
Net working capital %21.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.70%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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