IFN Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 31178770
Mosebyvej 40, 7500 Holstebro

Credit rating

Company information

Official name
IFN Denmark ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About IFN Denmark ApS

IFN Denmark ApS (CVR number: 31178770) is a company from HOLSTEBRO. The company recorded a gross profit of 332.6 kDKK in 2023. The operating profit was -116.5 kDKK, while net earnings were -33.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -28.4 %, which can be considered poor and Return on Equity (ROE) was -38.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IFN Denmark ApS's liquidity measured by quick ratio was 8.8 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 profit399.541 218.151 120.00332.59
EBIT-41.24- 669.39-62.44- 236.61- 116.47
Net earnings- 583.515 350.397 782.07-27 383.75-33 610.34
Shareholders equity total95 139.34122 510.66130 431.17103 116.6269 506.28
Balance sheet total (assets)114 977.76156 060.54157 269.48124 565.26103 533.02
Net debt19 616.1022 361.6925 242.9018 437.1033 476.54
Profitability
EBIT-%
ROA-0.2 %4.2 %5.1 %-19.2 %-28.4 %
ROE-0.6 %4.9 %6.2 %-23.5 %-38.9 %
ROI-0.2 %4.2 %5.2 %-19.4 %-28.6 %
Economic value added (EVA)1 181.82371.551 595.131 096.02821.65
Solvency
Equity ratio99.3 %90.7 %93.7 %99.6 %98.2 %
Gearing20.6 %18.3 %19.5 %20.4 %48.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.112.98.8
Current ratio0.40.10.112.98.8
Cash and cash equivalents184.252 615.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-28.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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