FOREVER DREAM HOUSE IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOREVER DREAM HOUSE IVS
FOREVER DREAM HOUSE IVS (CVR number: 36554886) is a company from ODENSE. The company reported a net sales of 0.5 mDKK in 2017, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 3.1 % (EBIT: 0 mDKK), while net earnings were -6.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. FOREVER DREAM HOUSE IVS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 496.14 | 458.42 |
Gross profit | 367.38 | 358.49 |
EBIT | 0.60 | 14.17 |
Net earnings | -20.27 | -6.10 |
Shareholders equity total | 176.41 | 186.33 |
Balance sheet total (assets) | 213.96 | 292.31 |
Net debt | -7.21 | -23.28 |
Profitability | ||
EBIT-% | 0.1 % | 3.1 % |
ROA | 0.3 % | 5.6 % |
ROE | -11.5 % | -3.4 % |
ROI | 0.3 % | 7.8 % |
Economic value added (EVA) | 0.60 | 15.60 |
Solvency | ||
Equity ratio | 82.4 % | 63.7 % |
Gearing | ||
Relative net indebtedness % | 6.1 % | 18.0 % |
Liquidity | ||
Quick ratio | 2.6 | 1.6 |
Current ratio | 3.5 | 2.0 |
Cash and cash equivalents | 7.21 | 23.28 |
Capital use efficiency | ||
Trade debtors turnover (days) | 41.3 | 8.1 |
Net working capital % | 18.8 % | 23.0 % |
Credit risk | ||
Credit rating | BB | BB |
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