Cirkulart IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cirkulart IVS
Cirkulart IVS (CVR number: 38577174) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2018, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -115.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Cirkulart IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017  | 2018  | |
|---|---|---|
| Volume | ||
| Net sales | 5.10 | |
| Gross profit | 4.34 | |
| EBIT | 4.34 | |
| Net earnings | 2.43 | -5.03 | 
| Shareholders equity total | 2.43 | -2.60 | 
| Balance sheet total (assets) | 6.29 | 6.29 | 
| Net debt | ||
| Profitability | ||
| EBIT-% | 85.2 % | |
| ROA | 69.1 % | |
| ROE | 100.0 % | -115.4 % | 
| ROI | 178.8 % | |
| Economic value added (EVA) | 4.34 | -0.09 | 
| Solvency | ||
| Equity ratio | 38.6 % | -29.3 % | 
| Gearing | 0.0 % | |
| Relative net indebtedness % | 75.7 % | |
| Liquidity | ||
| Quick ratio | 1.6 | 0.7 | 
| Current ratio | 1.6 | 0.7 | 
| Cash and cash equivalents | 0.00 | |
| Capital use efficiency | ||
| Trade debtors turnover (days) | 450.2 | |
| Net working capital % | 47.6 % | |
| Credit risk | ||
| Credit rating | BB | BB | 
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