iFEED ApS — Credit Rating and Financial Key Figures

CVR number: 38432885
Ikarosvej 45, 9210 Aalborg SØ
jesper@ifeednaturally.com
www.ifeedtech.com

Credit rating

Company information

Official name
iFEED ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About iFEED ApS

iFEED ApS (CVR number: 38432885) is a company from AALBORG. The company recorded a gross profit of 196.1 kDKK in 2023. The operating profit was 196.1 kDKK, while net earnings were 148.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. iFEED ApS's liquidity measured by quick ratio was 5.7 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 sales1 029.84
Gross profit169.26169.51185.25283.85196.13
EBIT169.26169.51185.25283.85196.13
Net earnings130.48121.43141.44215.95148.67
Shareholders equity total525.58647.01338.45554.40576.76
Balance sheet total (assets)1 032.181 385.27691.02828.45697.78
Net debt- 889.92-1 367.09- 378.58- 682.33- 547.56
Profitability
EBIT-%16.4 %
ROA17.5 %14.0 %17.8 %37.4 %25.7 %
ROE28.3 %20.7 %28.7 %48.4 %26.3 %
ROI36.8 %28.9 %29.4 %43.5 %30.9 %
Economic value added (EVA)139.78145.44185.82237.18166.29
Solvency
Equity ratio50.9 %46.7 %49.0 %66.9 %82.7 %
Gearing80.9 %24.7 %
Relative net indebtedness %-37.2 %
Liquidity
Quick ratio1.81.91.93.05.7
Current ratio2.01.92.03.05.8
Cash and cash equivalents889.921 367.09652.40819.37547.56
Capital use efficiency
Trade debtors turnover (days)7.0
Net working capital %51.0 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.7%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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