IBSING OG FORNITZ ApS — Credit Rating and Financial Key Figures

CVR number: 31610990
Månevænget 17, 4640 Faxe
michael@ibsing-fomitz.dk
tel: 56718850

Company information

Official name
IBSING OG FORNITZ ApS
Established
2008
Company form
Private limited company
Industry

About IBSING OG FORNITZ ApS

IBSING OG FORNITZ ApS (CVR number: 31610990) is a company from FAXE. The company reported a net sales of -0.1 mDKK in 2017, demonstrating a decline of -123.7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -57.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.3 %, which can be considered poor and Return on Equity (ROE) was -32.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. IBSING OG FORNITZ ApS's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales238.43-56.54
Gross profit238.43-56.54
EBIT168.48-57.89
Net earnings135.67-57.89
Shareholders equity total206.45148.57
Balance sheet total (assets)356.27242.94
Net debt-15.270.58
Profitability
EBIT-%70.7 %
ROA47.3 %-19.3 %
ROE65.7 %-32.6 %
ROI81.6 %-32.6 %
Economic value added (EVA)135.70-67.50
Solvency
Equity ratio57.9 %61.2 %
Gearing0.4 %
Relative net indebtedness %56.4 %-166.9 %
Liquidity
Quick ratio2.42.6
Current ratio2.42.6
Cash and cash equivalents15.27
Capital use efficiency
Trade debtors turnover (days)103.2
Net working capital %86.6 %-262.8 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-19.3%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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