4ING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 4ING ApS
4ING ApS (CVR number: 33587139) is a company from ROSKILDE. The company recorded a gross profit of 1136.6 kDKK in 2023. The operating profit was 8 kDKK, while net earnings were 6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39 %, 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. 4ING ApS's liquidity measured by quick ratio was 1.6 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 | 1 205.62 | 1 281.65 | |||
Gross profit | 1 015.05 | 1 185.76 | 1 042.49 | 1 138.41 | 1 136.64 |
EBIT | 7.10 | 12.52 | 10.00 | 8.19 | 8.03 |
Net earnings | 4.76 | 8.30 | 6.31 | 5.33 | 6.26 |
Shareholders equity total | 119.21 | 127.51 | 133.75 | 138.78 | 145.04 |
Balance sheet total (assets) | 392.90 | 480.59 | 382.59 | 365.41 | 371.93 |
Net debt | - 227.63 | - 263.83 | - 107.81 | - 111.92 | - 163.62 |
Profitability | |||||
EBIT-% | 0.6 % | 0.8 % | |||
ROA | 1.9 % | 2.9 % | 2.3 % | 2.2 % | 2.2 % |
ROE | 4.1 % | 6.7 % | 4.8 % | 3.9 % | 4.4 % |
ROI | 6.1 % | 9.5 % | 6.4 % | 4.6 % | 4.8 % |
Economic value added (EVA) | 7.62 | 15.22 | 15.51 | 6.89 | 7.30 |
Solvency | |||||
Equity ratio | 30.3 % | 26.5 % | 35.0 % | 38.0 % | 39.0 % |
Gearing | 13.4 % | 26.8 % | 34.3 % | 0.3 % | |
Relative net indebtedness % | 3.8 % | 8.2 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | 1.5 | 1.6 | 1.6 |
Current ratio | 1.4 | 1.4 | 1.5 | 1.6 | 1.6 |
Cash and cash equivalents | 227.63 | 280.87 | 143.61 | 159.47 | 164.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.9 | ||||
Net working capital % | 9.9 % | 10.4 % | |||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
Variable visualization
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