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I&I Works ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About I&I Works ApS
I&I Works ApS (CVR number: 40223231) is a company from FREDENSBORG. The company reported a net sales of 2.3 mDKK in 2024, demonstrating a growth of 54.6 % compared to the previous year. The operating profit percentage was at 13.4 % (EBIT: 0.3 mDKK), while net earnings were 240.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.9 %, which can be considered excellent and Return on Equity (ROE) was 77.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. I&I Works ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 883.55 | 868.61 | 1 513.27 | 2 338.82 | |
| Gross profit | 844.03 | 842.88 | 1 393.82 | 1 450.39 | 2 310.54 |
| EBIT | 210.97 | 115.46 | 106.78 | -95.72 | 314.54 |
| Net earnings | 160.65 | 80.66 | 78.55 | -76.07 | 240.06 |
| Shareholders equity total | 136.26 | 216.92 | 295.47 | 189.40 | 429.46 |
| Balance sheet total (assets) | 411.13 | 411.72 | 527.97 | 472.34 | 846.47 |
| Net debt | - 288.57 | - 254.63 | - 338.38 | - 128.66 | - 389.91 |
| Profitability | |||||
| EBIT-% | 23.9 % | 13.3 % | -6.3 % | 13.4 % | |
| ROA | 66.6 % | 29.5 % | 22.7 % | -19.1 % | 47.9 % |
| ROE | 144.4 % | 45.7 % | 30.7 % | -31.4 % | 77.6 % |
| ROI | 189.7 % | 61.9 % | 41.7 % | -39.5 % | 102.1 % |
| Economic value added (EVA) | 157.36 | 79.93 | 69.24 | -91.33 | 229.45 |
| Solvency | |||||
| Equity ratio | 33.1 % | 52.7 % | 56.0 % | 40.1 % | 50.7 % |
| Gearing | |||||
| Relative net indebtedness % | -1.6 % | -6.9 % | 10.2 % | 1.2 % | |
| Liquidity | |||||
| Quick ratio | 1.5 | 1.4 | 1.7 | 1.2 | 1.8 |
| Current ratio | 1.5 | 1.7 | 2.3 | 1.7 | 1.8 |
| Cash and cash equivalents | 288.57 | 254.63 | 338.38 | 128.66 | 389.91 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 50.6 | 10.3 | 36.3 | 53.8 | |
| Net working capital % | 15.4 % | 16.5 % | 12.5 % | 14.1 % | |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BBB |
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