if-else ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About if-else ApS
if-else ApS (CVR number: 41466154) is a company from KØBENHAVN. The company recorded a gross profit of -2.6 kDKK in 2023. The operating profit was -2.6 kDKK, while net earnings were 145.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 106.8 %, which can be considered excellent and Return on Equity (ROE) was 271.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, 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. if-else ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -10.21 | -10.65 | -11.28 | -2.60 |
EBIT | -10.21 | -10.65 | -11.28 | -2.60 |
Net earnings | -10.45 | 103.45 | 107.75 | 145.68 |
Shareholders equity total | 29.55 | 30.00 | 39.75 | 67.62 |
Balance sheet total (assets) | 44.33 | 45.02 | 64.38 | 211.83 |
Net debt | -35.99 | -36.68 | -56.04 | - 203.49 |
Profitability | ||||
EBIT-% | ||||
ROA | -23.0 % | 233.6 % | 198.8 % | 106.8 % |
ROE | -35.4 % | 347.5 % | 309.0 % | 271.3 % |
ROI | -34.5 % | 350.5 % | 311.8 % | 274.6 % |
Economic value added (EVA) | -10.21 | -9.91 | -10.52 | -1.36 |
Solvency | ||||
Equity ratio | 66.7 % | 66.6 % | 61.7 % | 31.9 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.4 | 2.4 | 2.3 | 1.4 |
Current ratio | 2.4 | 2.4 | 2.3 | 1.4 |
Cash and cash equivalents | 35.99 | 36.68 | 56.04 | 203.49 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BBB |
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