ICM GROUP DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32885519
Mallevej 27, 9681 Ranum
icmgroupdk@gmail.com
tel: 22229800

Credit rating

Company information

Official name
ICM GROUP DENMARK ApS
Established
2010
Company form
Private limited company
Industry

About ICM GROUP DENMARK ApS

ICM GROUP DENMARK ApS (CVR number: 32885519) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -45.4 kDKK in 2023. The operating profit was -53.2 kDKK, while net earnings were -52.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ICM GROUP DENMARK ApS's liquidity measured by quick ratio was 10.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales120.0070.00110.00
Gross profit-3.30-60.38-2.46-45.40
EBIT-23.74-66.92-7.90-82.59-53.24
Net earnings-21.68- 237.88-8.45-83.36-52.13
Shareholders equity total3 301.633 063.752 975.302 832.952 979.82
Balance sheet total (assets)3 404.243 139.963 067.593 044.793 057.70
Net debt- 349.71- 285.88- 190.97-52.49- 157.19
Profitability
EBIT-%-19.8 %-95.6 %-7.2 %
ROA-0.6 %-2.3 %-0.2 %-2.7 %-1.7 %
ROE-0.6 %-7.5 %-0.3 %-2.9 %-1.8 %
ROI-0.6 %-2.4 %-0.2 %-2.8 %-1.8 %
Economic value added (EVA)30.17-17.2750.49-28.24-1.95
Solvency
Equity ratio97.0 %97.6 %97.0 %93.0 %97.5 %
Gearing0.2 %
Relative net indebtedness %-205.9 %-299.5 %-95.2 %
Liquidity
Quick ratio10.911.38.63.710.3
Current ratio10.911.38.63.710.3
Cash and cash equivalents349.71285.88196.9752.49157.19
Capital use efficiency
Trade debtors turnover (days)539.2
Net working capital %849.7 %1126.1 %640.8 %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-1.71%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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