IQ Trade ApS — Credit Rating and Financial Key Figures

CVR number: 41345330
Industrivej 17, Skærød 3200 Helsinge
iq.trade.aps@gmail.com

Credit rating

Company information

Official name
IQ Trade ApS
Established
2020
Domicile
Skærød
Company form
Private limited company
Industry

About IQ Trade ApS

IQ Trade ApS (CVR number: 41345330) is a company from GRIBSKOV. The company recorded a gross profit of -11.7 kDKK in 2023. The operating profit was -11.7 kDKK, while net earnings were 1639.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.2 %, which can be considered excellent and Return on Equity (ROE) was 101 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. IQ Trade ApS'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
2020
2021
2022
2023
Volume
Net sales106.00
Gross profit-6.0056.00-31.00-11.73
EBIT-6.0056.00-31.00-11.73
Net earnings-7.0065.00- 119.001 639.53
Shareholders equity total33.0098.00-21.001 618.13
Balance sheet total (assets)38.00490.001 627.004 611.02
Net debt-38.00240.001 449.002 473.89
Profitability
EBIT-%52.8 %
ROA-15.8 %21.2 %29.8 %54.2 %
ROE-21.2 %99.2 %-13.8 %101.0 %
ROI-18.2 %29.9 %35.6 %61.2 %
Economic value added (EVA)-6.0071.62-26.1336.17
Solvency
Equity ratio86.8 %20.0 %-1.3 %35.1 %
Gearing249.0 %-6900.0 %152.9 %
Relative net indebtedness %366.0 %
Liquidity
Quick ratio7.60.80.70.4
Current ratio7.60.80.70.4
Cash and cash equivalents38.004.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-80.2 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:54.2%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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