IQ-C ApS — Credit Rating and Financial Key Figures

CVR number: 39878534
Grundtvigs Alle 68 A, 6700 Esbjerg

Credit rating

Company information

Official name
IQ-C ApS
Established
2018
Company form
Private limited company
Industry

About IQ-C ApS

IQ-C ApS (CVR number: 39878534) is a company from ESBJERG. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was at 26.5 % (EBIT: 0 mDKK), while net earnings were 31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 50.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IQ-C ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales75.53122.62142.42148.28
Gross profit-17.678.2910.3815.2019.65
EBIT-60.8722.0620.7530.4039.29
Net earnings-63.0022.0616.1923.7131.09
Shareholders equity total50.0050.0050.0073.7150.00
Balance sheet total (assets)1 657.961 667.551 654.381 660.901 673.55
Net debt1 594.231 598.831 602.001 578.291 573.56
Profitability
EBIT-%29.2 %16.9 %21.3 %26.5 %
ROA-6.9 %1.3 %1.2 %1.8 %2.4 %
ROE-89.8 %44.1 %32.4 %38.3 %50.3 %
ROI-7.0 %1.3 %1.3 %1.8 %2.4 %
Economic value added (EVA)-65.80-60.80-67.12-59.42-52.37
Solvency
Equity ratio3.0 %3.0 %3.0 %4.4 %3.0 %
Gearing3197.7 %3215.9 %3208.8 %2153.2 %3160.2 %
Relative net indebtedness %2129.5 %1306.5 %1108.2 %1090.5 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents4.639.102.388.906.55
Capital use efficiency
Trade debtors turnover (days)12.8
Net working capital %-2107.7 %-1306.5 %-1108.2 %-1090.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.36%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.99%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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