Ibas Ontrack ApS
Credit rating
Company information
About Ibas Ontrack ApS
Ibas Ontrack ApS (CVR number: 19626008) is a company from KØBENHAVN. The company reported a net sales of 3.3 mDKK in 2023, demonstrating a growth of 62 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 0.1 mDKK), while net earnings were 190.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. Ibas Ontrack ApS's liquidity measured by quick ratio was 3.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 084.60 | 2 683.38 | 3 725.80 | 2 063.73 | 3 343.65 |
Gross profit | 1 105.64 | 141.97 | 911.19 | 42.61 | 62.86 |
EBIT | 1 105.64 | 141.97 | 911.19 | 42.61 | 62.86 |
Net earnings | 1 098.95 | 136.24 | 1 090.63 | 35.39 | 190.76 |
Shareholders equity total | 2 885.19 | 3 021.43 | 4 112.06 | 4 147.45 | 4 338.21 |
Balance sheet total (assets) | 3 421.11 | 3 720.62 | 6 436.73 | 5 611.77 | 6 854.34 |
Net debt | - 899.05 | -89.70 | - 149.51 | -1 234.29 | 534.56 |
Profitability | |||||
EBIT-% | 27.1 % | 5.3 % | 24.5 % | 2.1 % | 1.9 % |
ROA | 31.8 % | 4.0 % | 17.9 % | 1.1 % | 4.0 % |
ROE | 47.0 % | 4.6 % | 30.6 % | 0.9 % | 4.5 % |
ROI | 40.2 % | 4.8 % | 20.3 % | 1.2 % | 4.5 % |
Economic value added (EVA) | 1 035.37 | 42.16 | 945.30 | -73.29 | -55.06 |
Solvency | |||||
Equity ratio | 84.3 % | 81.2 % | 63.9 % | 73.9 % | 63.3 % |
Gearing | 44.8 % | 20.3 % | 36.8 % | ||
Relative net indebtedness % | -8.9 % | 22.7 % | 8.9 % | -29.6 % | 43.5 % |
Liquidity | |||||
Quick ratio | 6.7 | 8.1 | 2.9 | 4.7 | 3.2 |
Current ratio | 6.7 | 8.1 | 2.9 | 4.7 | 3.2 |
Cash and cash equivalents | 899.05 | 89.70 | 1 992.21 | 2 075.86 | 1 063.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.1 | 30.6 | 8.0 | 1.0 | 28.4 |
Net working capital % | 71.2 % | 121.5 % | 112.6 % | 213.8 % | 140.8 % |
Credit risk | |||||
Credit rating | B | B | BB | BB | B |
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