Credit rating
Company information
About Implement IT IVS
Implement IT IVS (CVR number: 37842737) is a company from AARHUS. The company reported a net sales of 0.6 mDKK in 2018, demonstrating a decline of -66.9 % compared to the previous year. The operating profit percentage was at 28.6 % (EBIT: 0.2 mDKK), while net earnings were 145.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent and Return on Equity (ROE) was 30.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Implement IT IVS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | 1 965.02 | 649.86 |
Gross profit | 1 939.03 | 641.82 |
EBIT | 959.36 | 186.09 |
Net earnings | 748.30 | 145.12 |
Shareholders equity total | 753.30 | 194.48 |
Balance sheet total (assets) | 929.14 | 343.86 |
Net debt | - 703.62 | - 343.86 |
Profitability | ||
EBIT-% | 48.8 % | 28.6 % |
ROA | 103.3 % | 29.2 % |
ROE | 99.3 % | 30.6 % |
ROI | 127.4 % | 39.3 % |
Economic value added (EVA) | 748.30 | 142.66 |
Solvency | ||
Equity ratio | 81.1 % | 56.6 % |
Gearing | ||
Relative net indebtedness % | -26.9 % | -29.9 % |
Liquidity | ||
Quick ratio | 5.3 | 2.3 |
Current ratio | 5.3 | 2.3 |
Cash and cash equivalents | 703.62 | 343.86 |
Capital use efficiency | ||
Trade debtors turnover (days) | 41.9 | |
Net working capital % | 38.3 % | 29.9 % |
Credit risk | ||
Credit rating | B | B |
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