Iversen Holding Grindsted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Iversen Holding Grindsted ApS
Iversen Holding Grindsted ApS (CVR number: 41947977) is a company from BILLUND. The company recorded a gross profit of -6 kDKK in 2024. The operating profit was -6 kDKK, while net earnings were -6.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. Iversen Holding Grindsted ApS's liquidity measured by quick ratio was 1.3 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -2.92 | -4.25 | -1.00 | -6.03 |
| EBIT | -2.92 | -4.25 | -1.00 | -6.03 |
| Net earnings | 15.85 | -5.97 | -2.78 | -6.77 |
| Shareholders equity total | 55.85 | 28.08 | 25.30 | 18.53 |
| Balance sheet total (assets) | 101.80 | 80.25 | 79.29 | 78.22 |
| Net debt | 45.95 | 28.42 | 4.13 | -10.15 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 18.5 % | -4.7 % | -1.2 % | -7.3 % |
| ROE | 28.4 % | -14.2 % | -10.4 % | -30.9 % |
| ROI | 18.5 % | -4.8 % | -1.3 % | -7.9 % |
| Economic value added (EVA) | -2.92 | -9.37 | -4.86 | -9.68 |
| Solvency | ||||
| Equity ratio | 54.9 % | 35.0 % | 31.9 % | 23.7 % |
| Gearing | 82.3 % | 173.3 % | 187.4 % | 291.9 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.4 | 1.5 | 1.3 | |
| Current ratio | 0.4 | 1.5 | 1.3 | |
| Cash and cash equivalents | 20.25 | 43.29 | 64.22 | |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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