Findmytruck IVS — Credit Rating and Financial Key Figures

CVR number: 37996831
Eskildsgade 62, 1657 København V
tel: 93865696

Credit rating

Company information

Official name
Findmytruck IVS
Established
2016
Company form
Entrepreneurial limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About Findmytruck IVS

Findmytruck IVS (CVR number: 37996831) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2018, demonstrating a growth of 447.8 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 0 mDKK), while net earnings were 1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -12.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Findmytruck IVS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
Volume
Net sales6.1333.60
Gross profit-3.293.09
EBIT-3.293.09
Net earnings-4.261.92
Shareholders equity total-6.39-4.46
Balance sheet total (assets)0.7330.55
Net debt0.33-30.46
Profitability
EBIT-%-53.6 %9.2 %
ROA-40.6 %14.7 %
ROE-587.5 %12.3 %
ROI-864.7 %1852.7 %
Economic value added (EVA)-3.293.40
Solvency
Equity ratio-89.8 %-12.7 %
Gearing-5.2 %
Relative net indebtedness %115.9 %13.5 %
Liquidity
Quick ratio0.10.9
Current ratio0.10.9
Cash and cash equivalents30.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-98.7 %-13.3 %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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