IBM DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 65305216
Sundkrogsgade 11, 2100 København Ø

Credit rating

Company information

Official name
IBM DANMARK ApS
Personnel
624 persons
Established
1949
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About IBM DANMARK ApS

IBM DANMARK ApS (CVR number: 65305216) is a company from KØBENHAVN. The company reported a net sales of 2547.4 mDKK in 2023, demonstrating a decline of -16.8 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 105.1 mDKK), while net earnings were -92.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IBM DANMARK ApS's liquidity measured by quick ratio was 0.5 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 030.004 715.002 710.003 061.422 547.39
Gross profit5 030.004 715.002 710.001 034.44796.20
EBIT222.006.00159.00302.01105.07
Net earnings156.00-29.00109.00192.29-92.21
Shareholders equity total1 005.00976.00577.41544.21448.50
Balance sheet total (assets)2 318.491 918.62
Net debt644.54406.90
Profitability
EBIT-%4.4 %0.1 %5.9 %9.9 %4.1 %
ROA14.6 %7.2 %
ROE8.4 %-1.5 %7.0 %17.1 %-18.6 %
ROI23.0 %11.7 %
Economic value added (EVA)179.04-44.50109.96196.0747.29
Solvency
Equity ratio100.0 %100.0 %100.0 %23.5 %23.4 %
Gearing118.5 %92.1 %
Relative net indebtedness %48.7 %46.2 %
Liquidity
Quick ratio0.70.5
Current ratio0.70.5
Cash and cash equivalents0.596.22
Capital use efficiency
Trade debtors turnover (days)44.438.3
Net working capital %-13.2 %-21.8 %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:7.24%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member
Chief executive officer
Chief executive officer
Chief executive officer
Chief executive officer

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