IQC DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 27659160
Gørtlervej 5, Erritsø 7000 Fredericia
tel: 76204400

Credit rating

Company information

Official name
IQC DENMARK ApS
Personnel
1 person
Established
2004
Domicile
Erritsø
Company form
Private limited company
Industry
  • Expand more icon61Telecommunications

About IQC DENMARK ApS

IQC DENMARK ApS (CVR number: 27659160) is a company from FREDERICIA. The company recorded a gross profit of 1474.2 kDKK in 2023. The operating profit was 789.2 kDKK, while net earnings were 633.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IQC DENMARK ApS's liquidity measured by quick ratio was 5.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit902.94930.651 610.072 702.301 474.23
EBIT64.42225.60811.031 947.65789.25
Net earnings30.29180.25596.111 473.46633.64
Shareholders equity total4 895.385 075.645 671.747 145.207 778.84
Balance sheet total (assets)8 263.128 181.709 707.7010 625.648 731.49
Net debt1 323.72- 404.69- 849.69-3 526.59-4 706.90
Profitability
EBIT-%
ROA0.9 %2.7 %9.1 %19.2 %8.5 %
ROE0.6 %3.6 %11.1 %23.0 %8.5 %
ROI1.0 %3.1 %10.6 %22.0 %9.2 %
Economic value added (EVA)- 150.5618.24512.491 393.44560.57
Solvency
Equity ratio59.2 %62.4 %59.4 %67.8 %89.1 %
Gearing46.2 %45.0 %40.9 %35.4 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.52.15.8
Current ratio1.21.31.52.05.8
Cash and cash equivalents939.622 691.263 169.766 057.835 144.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:8.53%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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