ING Service ApS — Credit Rating and Financial Key Figures

CVR number: 41152540
Søndervej 13 B, Vejleby 4050 Skibby
ingserviceaps@gmail.com
tel: 50200038

Credit rating

Company information

Official name
ING Service ApS
Personnel
6 persons
Established
2020
Domicile
Vejleby
Company form
Private limited company
Industry

About ING Service ApS

ING Service ApS (CVR number: 41152540) is a company from FREDERIKSSUND. The company recorded a gross profit of 2575.6 kDKK in 2022. The operating profit was 172.2 kDKK, while net earnings were 160.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 43.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. ING Service ApS's liquidity measured by quick ratio was 1.4 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
2020
2021
2022
Volume
Net sales
Gross profit2 811.216 994.262 575.60
EBIT510.39- 168.11172.18
Net earnings394.58- 145.85160.26
Shareholders equity total434.58288.73449.26
Balance sheet total (assets)1 210.383 317.851 371.51
Net debt- 163.75-5.96- 229.17
Profitability
EBIT-%
ROA42.2 %-7.4 %7.3 %
ROE90.8 %-40.3 %43.4 %
ROI114.1 %-45.7 %46.7 %
Economic value added (EVA)396.43- 157.81157.97
Solvency
Equity ratio35.9 %8.7 %32.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.01.4
Current ratio1.21.01.4
Cash and cash equivalents163.755.96229.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:7.34%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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