INSTITUTE FOR CLINICAL RESEARCH AND EDUCATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INSTITUTE FOR CLINICAL RESEARCH AND EDUCATION ApS
INSTITUTE FOR CLINICAL RESEARCH AND EDUCATION ApS (CVR number: 89958814) is a company from FREDERIKSBERG. The company recorded a gross profit of -82.9 kDKK in 2022. The operating profit was -82.9 kDKK, while net earnings were -87.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.9 %, which can be considered poor and Return on Equity (ROE) was -64.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.3 %, 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. INSTITUTE FOR CLINICAL RESEARCH AND EDUCATION ApS's liquidity measured by quick ratio was 2 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 173.14 | 103.78 | 111.31 | 217.88 | -82.94 |
EBIT | 169.64 | 47.88 | 54.11 | 217.88 | -82.94 |
Net earnings | 51.39 | 26.39 | 35.74 | 161.97 | -87.61 |
Shareholders equity total | -45.01 | -18.61 | 17.13 | 179.10 | 91.50 |
Balance sheet total (assets) | 158.02 | 109.70 | 70.26 | 309.99 | 165.44 |
Net debt | 3.21 | -62.30 | -47.90 | - 289.95 | - 144.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.5 % | 28.9 % | 54.5 % | 114.6 % | -34.9 % |
ROE | 31.1 % | 19.7 % | 56.4 % | 165.1 % | -64.7 % |
ROI | 76.2 % | 80.7 % | 605.2 % | 222.1 % | -61.3 % |
Economic value added (EVA) | 142.45 | 44.97 | 44.09 | 168.98 | -77.37 |
Solvency | |||||
Equity ratio | -22.2 % | -14.5 % | 24.4 % | 57.8 % | 55.3 % |
Gearing | -262.1 % | -4.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.9 | 2.2 | 2.0 |
Current ratio | 0.8 | 0.7 | 0.9 | 2.2 | 2.0 |
Cash and cash equivalents | 114.77 | 63.05 | 47.90 | 289.95 | 144.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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