IZLAND ApS — Credit Rating and Financial Key Figures

CVR number: 31254450
Vestre Landevej 110, 4951 Nørreballe

Credit rating

Company information

Official name
IZLAND ApS
Personnel
8 persons
Established
2008
Company form
Private limited company
Industry

About IZLAND ApS

IZLAND ApS (CVR number: 31254450) is a company from LOLLAND. The company recorded a gross profit of 762.8 kDKK in 2023. The operating profit was 227 kDKK, while net earnings were 59 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IZLAND ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit304.00357.001 139.00747.00762.83
EBIT23.0080.00511.00122.00226.98
Net earnings-90.00-52.00291.002.0058.97
Shareholders equity total- 477.00- 529.00- 238.00- 236.00- 176.69
Balance sheet total (assets)3 006.002 902.002 830.002 654.002 753.24
Net debt3 031.003 175.002 638.002 523.002 416.41
Profitability
EBIT-%
ROA0.7 %2.3 %15.7 %4.1 %7.8 %
ROE-2.9 %-1.8 %10.2 %0.1 %2.2 %
ROI0.8 %2.6 %17.0 %4.5 %9.1 %
Economic value added (EVA)-27.4220.97323.0560.54139.65
Solvency
Equity ratio-13.7 %-15.4 %-7.8 %-8.2 %-6.0 %
Gearing-635.4 %-600.2 %-1187.0 %-1078.4 %-1391.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents187.0022.0042.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.80%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.03%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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