IGNITE NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 36017929
Kokbjerg 31, 6000 Kolding

Company information

Official name
IGNITE NORDIC ApS
Established
2014
Company form
Private limited company
Industry

About IGNITE NORDIC ApS

IGNITE NORDIC ApS (CVR number: 36017929) is a company from KOLDING. The company recorded a gross profit of 9721.4 kDKK in 2023. The operating profit was 9721.4 kDKK, while net earnings were 8230.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 104.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. IGNITE NORDIC ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 486.043 631.601 905.116 915.489 721.41
EBIT1 351.143 631.601 905.116 915.489 721.41
Net earnings957.092 814.301 534.835 579.928 230.51
Shareholders equity total1 010.023 824.321 659.156 239.079 469.59
Balance sheet total (assets)7 422.7411 781.6614 607.0754 677.2838 122.85
Net debt125.2510.20-6.79-9 126.12-36 284.05
Profitability
EBIT-%
ROA14.9 %38.2 %15.3 %20.7 %22.7 %
ROE19.1 %116.4 %56.0 %141.3 %104.8 %
ROI35.3 %137.7 %73.4 %181.3 %134.3 %
Economic value added (EVA)1 156.452 794.381 291.975 312.537 677.66
Solvency
Equity ratio13.6 %32.5 %11.4 %11.4 %24.8 %
Gearing45.8 %0.8 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.11.11.3
Current ratio1.21.51.11.11.3
Cash and cash equivalents337.5519.006.799 126.6236 284.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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