IMAGE FASHION GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IMAGE FASHION GROUP ApS
IMAGE FASHION GROUP ApS (CVR number: 33577869) is a company from ALBERTSLUND. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0 mDKK), while net earnings were 8.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. IMAGE FASHION GROUP ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 164.61 | 602.54 | 1 767.48 | 1 768.32 | |
Gross profit | 233.90 | 5.27 | 114.62 | 110.66 | 131.02 |
EBIT | 152.22 | -83.31 | 15.68 | -9.33 | 10.57 |
Net earnings | 118.73 | -83.31 | 12.22 | 7.23 | 8.25 |
Shareholders equity total | 107.98 | 65.00 | 306.40 | 523.12 | 352.84 |
Balance sheet total (assets) | 218.82 | 401.12 | 422.67 | 1 060.58 | 578.65 |
Net debt | -3.73 | -22.33 | -26.62 | - 313.72 | -19.17 |
Profitability | |||||
EBIT-% | 13.1 % | 2.6 % | -0.5 % | 0.6 % | |
ROA | 24.6 % | -26.9 % | 3.8 % | -1.3 % | 1.3 % |
ROE | 30.4 % | -96.3 % | 6.6 % | 1.7 % | 1.9 % |
ROI | 281.9 % | -96.3 % | 8.4 % | -2.2 % | 2.4 % |
Economic value added (EVA) | 111.27 | -89.08 | 17.54 | -10.57 | 19.63 |
Solvency | |||||
Equity ratio | 49.3 % | 16.2 % | 72.5 % | 49.3 % | 61.0 % |
Gearing | |||||
Relative net indebtedness % | 9.2 % | 14.9 % | 12.7 % | 11.7 % | |
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.2 | 1.3 | 0.5 |
Current ratio | 1.9 | 1.1 | 3.5 | 1.9 | 2.4 |
Cash and cash equivalents | 3.73 | 22.33 | 26.62 | 313.72 | 19.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.4 | 21.0 | |||
Net working capital % | 8.4 % | 47.4 % | 28.1 % | 18.4 % | |
Credit risk | |||||
Credit rating | BB | B | BB | BBB | BBB |
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