IZEELIGHT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IZEELIGHT ApS
IZEELIGHT ApS (CVR number: 35876022) is a company from RUDERSDAL. The company reported a net sales of 0 mDKK in 2018, demonstrating a growth of 186.8 % compared to the previous year. The operating profit percentage was poor at -297.1 % (EBIT: -0 mDKK), while net earnings were -22.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. IZEELIGHT ApS's liquidity measured by quick ratio was 4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | 21.57 | 2.65 | 7.60 |
| Gross profit | 19.21 | -7.77 | 7.02 |
| EBIT | 19.21 | -7.77 | -22.58 |
| Net earnings | 12.48 | -7.95 | -22.79 |
| Shareholders equity total | 589.82 | 713.88 | 316.09 |
| Balance sheet total (assets) | 642.36 | 797.83 | 422.93 |
| Net debt | -0.70 | -0.06 | -0.16 |
| Profitability | |||
| EBIT-% | 89.1 % | -293.3 % | -297.1 % |
| ROA | 3.0 % | -1.1 % | -3.7 % |
| ROE | 2.1 % | -1.2 % | -4.4 % |
| ROI | 3.3 % | -1.2 % | -4.4 % |
| Economic value added (EVA) | 15.01 | -37.38 | -53.21 |
| Solvency | |||
| Equity ratio | 91.8 % | 89.5 % | 74.7 % |
| Gearing | |||
| Relative net indebtedness % | 240.3 % | 3165.8 % | 1403.7 % |
| Liquidity | |||
| Quick ratio | 12.2 | 9.5 | 4.0 |
| Current ratio | 12.2 | 9.5 | 4.0 |
| Cash and cash equivalents | 0.70 | 0.06 | 0.16 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 4 512.5 | 48 091.7 | |
| Net working capital % | 2734.6 % | 26938.7 % | 4159.1 % |
| Credit risk | |||
| Credit rating | BB | BB | B |
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