Credit rating
Company information
About System - Tracs Nord IVS
System - Tracs Nord IVS (CVR number: 37629251) is a company from AABENRAA. The company recorded a gross profit of -7.7 kDKK in 2018. The operating profit was -7.7 kDKK, while net earnings were -20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. System - Tracs Nord IVS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -6.46 | -2.73 | -7.74 |
EBIT | -6.46 | -2.73 | -7.74 |
Net earnings | -6.74 | -1.42 | -20.79 |
Shareholders equity total | 1.34 | -0.07 | -20.86 |
Balance sheet total (assets) | 393.69 | 400.21 | 364.15 |
Net debt | -6.35 | 60.37 | 81.17 |
Profitability | |||
EBIT-% | |||
ROA | -1.6 % | -0.4 % | -1.7 % |
ROE | -501.2 % | -0.7 % | -5.4 % |
ROI | -1.6 % | -0.4 % | -1.8 % |
Economic value added (EVA) | -6.46 | 16.98 | 9.61 |
Solvency | |||
Equity ratio | 0.3 % | -0.0 % | -5.4 % |
Gearing | 28798.4 % | -556739.4 % | -1821.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.0 | 0.8 | 0.8 |
Current ratio | 1.0 | 1.0 | 0.9 |
Cash and cash equivalents | 393.69 | 334.91 | 298.85 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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