POUL IVERSEN MENSWEAR A/S — Credit Rating and Financial Key Figures

CVR number: 17642499
Torvegade 11 A, 7100 Vejle
tel: 75720977

Company information

Official name
POUL IVERSEN MENSWEAR A/S
Personnel
15 persons
Established
1994
Company form
Limited company
Industry

About POUL IVERSEN MENSWEAR A/S

POUL IVERSEN MENSWEAR A/S (CVR number: 17642499) is a company from VEJLE. The company recorded a gross profit of 6977.5 kDKK in 2023. The operating profit was 1505.6 kDKK, while net earnings were 1222.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48 %, 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. POUL IVERSEN MENSWEAR A/S's liquidity measured by quick ratio was 0.4 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 profit4 705.556 602.589 142.858 095.066 977.49
EBIT131.931 318.393 823.322 819.971 505.55
Net earnings163.661 065.923 166.082 293.491 222.36
Shareholders equity total5 836.306 902.2110 068.305 793.495 015.85
Balance sheet total (assets)9 590.2014 682.7214 933.4511 199.0710 460.49
Net debt- 513.56-3 952.00-1 584.70-1 400.75- 667.30
Profitability
EBIT-%
ROA3.1 %11.7 %27.9 %23.0 %14.9 %
ROE2.7 %16.7 %37.3 %28.9 %22.6 %
ROI4.4 %20.3 %46.9 %37.0 %27.6 %
Economic value added (EVA)- 142.42785.312 831.321 778.21953.29
Solvency
Equity ratio60.9 %47.0 %67.4 %51.7 %48.0 %
Gearing8.5 %0.1 %1.2 %0.1 %11.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.01.90.60.4
Current ratio2.21.83.31.91.6
Cash and cash equivalents1 011.373 956.531 701.181 406.821 230.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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