Credit rating
Company information
About DEVDK IVS
DEVDK IVS (CVR number: 36504609) is a company from ODENSE. The company recorded a gross profit of -11.9 kDKK in 2018. The operating profit was -11.9 kDKK, while net earnings were -12.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.7 %, which can be considered poor and Return on Equity (ROE) was -63.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. DEVDK IVS's liquidity measured by quick ratio was 2.8 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 financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 9.19 | 1.23 | -11.89 |
EBIT | 9.19 | -1.26 | -11.89 |
Net earnings | 5.45 | -1.44 | -12.26 |
Shareholders equity total | 26.97 | 25.53 | 13.27 |
Balance sheet total (assets) | 29.95 | 33.80 | 20.64 |
Net debt | -29.24 | -30.53 | -16.49 |
Profitability | |||
EBIT-% | |||
ROA | 30.7 % | -4.0 % | -43.7 % |
ROE | 20.2 % | -5.5 % | -63.2 % |
ROI | 34.1 % | -4.8 % | -61.3 % |
Economic value added (EVA) | 5.78 | -0.05 | -10.53 |
Solvency | |||
Equity ratio | 90.0 % | 75.5 % | 64.3 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 10.0 | 4.1 | 2.8 |
Current ratio | 10.0 | 4.1 | 2.8 |
Cash and cash equivalents | 29.24 | 30.53 | 16.49 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | C | B |
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