IMAGE FASHION GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 33577869
Naverland 1 C, 2600 Glostrup

Credit rating

Company information

Official name
IMAGE FASHION GROUP ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 164.61602.541 767.481 768.32
Gross profit233.905.27114.62110.66131.02
EBIT152.22-83.3115.68-9.3310.57
Net earnings118.73-83.3112.227.238.25
Shareholders equity total107.9865.00306.40523.12352.84
Balance sheet total (assets)218.82401.12422.671 060.58578.65
Net debt-3.73-22.33-26.62- 313.72-19.17
Profitability
EBIT-%13.1 %2.6 %-0.5 %0.6 %
ROA24.6 %-26.9 %3.8 %-1.3 %1.3 %
ROE30.4 %-96.3 %6.6 %1.7 %1.9 %
ROI281.9 %-96.3 %8.4 %-2.2 %2.4 %
Economic value added (EVA)111.27-89.0817.54-10.5719.63
Solvency
Equity ratio49.3 %16.2 %72.5 %49.3 %61.0 %
Gearing
Relative net indebtedness %9.2 %14.9 %12.7 %11.7 %
Liquidity
Quick ratio0.10.10.21.30.5
Current ratio1.91.13.51.92.4
Cash and cash equivalents3.7322.3326.62313.7219.17
Capital use efficiency
Trade debtors turnover (days)76.421.0
Net working capital %8.4 %47.4 %28.1 %18.4 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.29%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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