COMM/2IG HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COMM/2IG HOLDING ApS
COMM/2IG HOLDING ApS (CVR number: 25452038K) is a company from FREDENSBORG. The company reported a net sales of 1868.3 mDKK in 2023, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 72.5 mDKK), while net earnings were 58.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 36.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. COMM/2IG HOLDING 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 049.69 | 1 350.83 | 1 313.59 | 1 725.04 | 1 868.29 |
Gross profit | 114.04 | 146.80 | 134.79 | 157.71 | 198.44 |
EBIT | 35.64 | 54.95 | 34.14 | 44.72 | 72.50 |
Net earnings | 26.03 | 40.85 | 26.12 | 34.75 | 58.28 |
Shareholders equity total | 93.85 | 112.20 | 108.32 | 143.08 | 177.36 |
Balance sheet total (assets) | 259.64 | 333.91 | 346.96 | 429.25 | 375.42 |
Net debt | -52.86 | 2.74 | 27.88 | -40.27 | - 109.49 |
Profitability | |||||
EBIT-% | 3.4 % | 4.1 % | 2.6 % | 2.6 % | 3.9 % |
ROA | 14.5 % | 18.5 % | 10.2 % | 11.7 % | 18.8 % |
ROE | 29.1 % | 39.7 % | 23.7 % | 27.6 % | 36.4 % |
ROI | 36.6 % | 47.0 % | 23.7 % | 28.1 % | 42.9 % |
Economic value added (EVA) | 24.77 | 40.34 | 20.56 | 29.95 | 51.44 |
Solvency | |||||
Equity ratio | 36.1 % | 33.7 % | 31.2 % | 33.3 % | 47.2 % |
Gearing | 7.4 % | 16.6 % | 47.9 % | 10.6 % | 7.7 % |
Relative net indebtedness % | 10.0 % | 15.1 % | 16.2 % | 13.3 % | 3.9 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | 0.9 | 1.2 | 1.8 |
Current ratio | 1.5 | 1.5 | 1.4 | 1.5 | 2.0 |
Cash and cash equivalents | 59.81 | 15.89 | 24.01 | 55.48 | 123.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.6 | 50.1 | 47.1 | 55.5 | 33.0 |
Net working capital % | 7.4 % | 7.4 % | 6.8 % | 7.2 % | 8.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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