IRO DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32325785
Østergade 17, 1100 København K

Company information

Official name
IRO DENMARK ApS
Personnel
4 persons
Established
2013
Company form
Private limited company
Industry

About IRO DENMARK ApS

IRO DENMARK ApS (CVR number: 32325785) is a company from KØBENHAVN. The company recorded a gross profit of 2715.6 kDKK in 2023. The operating profit was -153.7 kDKK, while net earnings were -240.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. IRO DENMARK ApS's liquidity measured by quick ratio was 1.5 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 profit3 492.942 510.591 815.922 011.592 715.58
EBIT1 443.60576.24214.41248.53- 153.74
Net earnings1 114.67433.67152.76179.53- 240.89
Shareholders equity total3 253.983 687.653 840.414 019.943 779.05
Balance sheet total (assets)5 421.885 117.865 775.315 296.835 439.05
Net debt- 744.86-2 067.50-2 298.35- 111.51-80.43
Profitability
EBIT-%
ROA26.1 %10.9 %4.1 %4.5 %-2.9 %
ROE41.3 %12.5 %4.1 %4.6 %-6.2 %
ROI32.4 %14.0 %5.3 %5.5 %-3.4 %
Economic value added (EVA)1 051.09366.8195.91142.71- 315.06
Solvency
Equity ratio60.0 %72.1 %66.5 %75.9 %69.5 %
Gearing27.2 %5.6 %13.6 %14.6 %19.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.81.61.71.5
Current ratio1.72.72.22.93.6
Cash and cash equivalents1 628.652 273.702 821.53698.49831.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:-2.86%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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