ABC Trading IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABC Trading IVS
ABC Trading IVS (CVR number: 38421743) is a company from ODENSE. The company reported a net sales of 0 mDKK in 2019, demonstrating a growth of 28.6 % compared to the previous year. The operating profit percentage was poor at -34 % (EBIT: -0 mDKK), while net earnings were -6.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.8 %, which can be considered poor and Return on Equity (ROE) was -42 %, 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. ABC Trading IVS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 20.07 | 25.81 | |
Gross profit | -1.92 | 0.99 | -8.79 |
EBIT | -1.92 | 0.99 | -8.79 |
Net earnings | -1.92 | 1.00 | -6.63 |
Shareholders equity total | 4.08 | 19.08 | 12.45 |
Balance sheet total (assets) | 4.08 | 26.92 | 19.36 |
Net debt | -4.08 | -16.54 | 1.64 |
Profitability | |||
EBIT-% | 4.9 % | -34.0 % | |
ROA | -47.0 % | 6.5 % | -37.8 % |
ROE | -47.0 % | 8.6 % | -42.0 % |
ROI | -47.0 % | 6.7 % | -38.6 % |
Economic value added (EVA) | -1.92 | 0.99 | -6.42 |
Solvency | |||
Equity ratio | 100.0 % | 70.9 % | 64.3 % |
Gearing | 36.2 % | 55.5 % | |
Relative net indebtedness % | -77.8 % | 6.3 % | |
Liquidity | |||
Quick ratio | 3.0 | 1.3 | |
Current ratio | 3.4 | 1.9 | |
Cash and cash equivalents | 4.08 | 23.45 | 5.27 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 95.1 % | 25.0 % | |
Credit risk | |||
Credit rating | B | BB | BB |
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