Improve International Nordics ApS — Credit Rating and Financial Key Figures

CVR number: 41291923
Korskildeeng 4, 2670 Greve

Company information

Official name
Improve International Nordics ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Improve International Nordics ApS

Improve International Nordics ApS (CVR number: 41291923) is a company from GREVE. The company recorded a gross profit of 178.7 kDKK in 2024. The operating profit was 178.7 kDKK, while net earnings were 127.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -2.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Improve International Nordics ApS's liquidity measured by quick ratio was 1.2 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
2021
2022
2023
2024
Volume
Net sales
Gross profit- 288.00343.001 229.00178.72
EBIT- 365.00- 535.00679.00178.72
Net earnings- 286.00- 583.00652.00127.50
Shareholders equity total- 246.00- 829.00- 177.00-49.80
Balance sheet total (assets)4 160.005 625.002 919.002 262.19
Net debt-91.001 175.00218.00831.98
Profitability
EBIT-%
ROA-8.3 %-9.3 %14.2 %6.6 %
ROE-6.9 %-11.9 %15.3 %4.9 %
ROI-97.1 %-51.0 %70.5 %29.5 %
Economic value added (EVA)- 284.44- 579.37737.67193.25
Solvency
Equity ratio-24.4 %-31.9 %-13.7 %-2.7 %
Gearing-152.8 %-192.5 %-186.4 %-1771.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.71.92.11.2
Current ratio0.80.80.90.9
Cash and cash equivalents467.00421.00112.0050.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:6.61%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.71%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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