TRUCK-FLYT DK IVS — Credit Rating and Financial Key Figures

CVR number: 36395583
Kamillevej 3, 6000 Kolding

Company information

Official name
TRUCK-FLYT DK IVS
Established
2014
Company form
Entrepreneurial limited company
Industry

About TRUCK-FLYT DK IVS

TRUCK-FLYT DK IVS (CVR number: 36395583) is a company from KOLDING. The company recorded a gross profit of 8.4 kDKK in 2018. The operating profit was -35 kDKK, while net earnings were -34.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.7 %, which can be considered poor and Return on Equity (ROE) was -55.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TRUCK-FLYT DK IVS's liquidity measured by quick ratio was 16.9 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
2018
Volume
Net sales
Gross profit21.1276.288.40
EBIT-3.9743.67-34.98
Net earnings-4.5234.08-34.37
Shareholders equity total44.8478.9344.66
Balance sheet total (assets)52.48105.5447.46
Net debt-41.67-88.60-45.46
Profitability
EBIT-%
ROA-7.6 %55.3 %-45.7 %
ROE-10.1 %55.1 %-55.6 %
ROI-8.9 %70.6 %-56.6 %
Economic value added (EVA)-3.9734.54-32.84
Solvency
Equity ratio85.4 %74.8 %94.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.94.016.9
Current ratio6.94.016.9
Cash and cash equivalents41.6788.6045.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-45.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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