IG PROJECTS ApS — Credit Rating and Financial Key Figures

CVR number: 32071090
Skanderborgvej 277, 8260 Viby J
aarhus@newsec.dk
tel: 45260102

Credit rating

Company information

Official name
IG PROJECTS ApS
Established
2009
Company form
Private limited company
Industry

About IG PROJECTS ApS

IG PROJECTS ApS (CVR number: 32071090) is a company from AARHUS. The company recorded a gross profit of 3617.4 kDKK in 2023. The operating profit was -7622.7 kDKK, while net earnings were -6480.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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. IG PROJECTS ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 950.793 775.313 846.293 532.213 617.40
EBIT14 350.799 675.3115 179.753 886.74-7 622.70
Net earnings10 527.136 778.8711 134.372 462.29-6 480.91
Shareholders equity total63 996.1169 249.9986 823.7287 606.0281 125.11
Balance sheet total (assets)165 416.64169 114.06182 147.93181 659.20171 579.37
Net debt71 770.4270 513.9662 579.4361 542.7159 163.68
Profitability
EBIT-%
ROA10.8 %5.8 %8.6 %2.1 %-4.3 %
ROE17.7 %10.2 %14.3 %2.8 %-7.7 %
ROI10.8 %5.8 %8.7 %2.1 %-4.3 %
Economic value added (EVA)17 294.971 199.555 179.31-4 418.06-13 383.55
Solvency
Equity ratio38.7 %40.9 %47.7 %48.2 %47.3 %
Gearing116.0 %102.3 %73.3 %71.3 %75.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.11.10.71.2
Current ratio0.30.11.10.71.2
Cash and cash equivalents2 478.77294.421 042.06944.782 191.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-4.30%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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