IBM Global Financing Danmark ApS
Credit rating
Company information
77Rental and leasing activities
About the company
IBM Global Financing Danmark ApS (CVR number: 37424331) is a company from KØBENHAVN. The company recorded a gross profit of 23.2 mDKK in 2023. The operating profit was 9828 kDKK, while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. IBM Global Financing Danmark 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 financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 83 834.00 | 74 885.00 | 35 440.00 | 30 585.00 | 23 196.00 |
| EBIT | 47 334.00 | 51 057.00 | 13 014.00 | 10 580.00 | 9 828.00 |
| Net earnings | 35 475.00 | 39 127.00 | 8 849.00 | 7 031.00 | 11 501.00 |
| Shareholders equity total | 483 312.00 | 297 440.00 | 196 288.00 | 128 320.00 | 139 821.00 |
| Balance sheet total (assets) | 1 558 861.00 | 1 164 652.00 | 773 881.00 | 645 139.00 | 419 822.00 |
| Net debt | 996 720.00 | 717 429.00 | 449 051.00 | 398 332.00 | 164 687.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.3 % | 3.8 % | 1.4 % | 1.5 % | 2.4 % |
| ROE | 7.6 % | 10.0 % | 3.6 % | 4.3 % | 8.6 % |
| ROI | 2.4 % | 4.0 % | 1.5 % | 1.7 % | 2.7 % |
| Economic value added (EVA) | 14 415.04 | 15 547.69 | -4 785.29 | 1 052.74 | 5 502.98 |
| Solvency | |||||
| Equity ratio | 31.0 % | 25.5 % | 25.4 % | 19.9 % | 33.3 % |
| Gearing | 206.3 % | 241.3 % | 230.7 % | 328.8 % | 117.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.9 | 1.6 | 1.2 | 1.4 |
| Current ratio | 1.5 | 1.9 | 1.6 | 1.2 | 1.4 |
| Cash and cash equivalents | 195.00 | 222.00 | 3 825.00 | 23 573.00 | 221.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.