IFT Marine ApS — Credit Rating and Financial Key Figures

CVR number: 16503134
Søren Frichs Vej 38 K, 8230 Åbyhøj
tel: 86136690

Credit rating

Company information

Official name
IFT Marine ApS
Personnel
1 person
Established
1992
Company form
Private limited company
Industry

About IFT Marine ApS

IFT Marine ApS (CVR number: 16503134) is a company from AARHUS. The company recorded a gross profit of 435.1 kDKK in 2023. The operating profit was 292.5 kDKK, while net earnings were 349.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. IFT Marine ApS's liquidity measured by quick ratio was 15.8 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 sales
Gross profit845.81633.84847.701 190.31435.15
EBIT292.7585.11309.51-48.13292.52
Net earnings581.95-54.16381.24- 675.37349.11
Shareholders equity total2 074.581 909.822 178.061 388.291 619.60
Balance sheet total (assets)5 947.535 608.996 942.606 785.905 786.85
Net debt-4 542.39-4 118.27-5 390.10-5 238.02-4 746.46
Profitability
EBIT-%
ROA16.9 %2.1 %10.7 %0.9 %9.3 %
ROE31.7 %-2.7 %18.7 %-37.9 %23.2 %
ROI18.4 %2.2 %11.2 %0.9 %9.8 %
Economic value added (EVA)240.22220.32385.64161.42486.17
Solvency
Equity ratio34.9 %34.0 %31.4 %20.5 %28.0 %
Gearing27.5 %36.3 %34.1 %66.6 %22.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.65.37.14.215.8
Current ratio6.65.37.14.215.8
Cash and cash equivalents5 112.394 810.766 133.006 162.605 106.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:9.29%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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