IQ ENERGY NORDIC ApS
Credit rating
Company information
About IQ ENERGY NORDIC ApS
IQ ENERGY NORDIC ApS (CVR number: 34212171) is a company from FREDERIKSBERG. The company reported a net sales of 9.9 mDKK in 2023, demonstrating a decline of -27.2 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 0.9 mDKK), while net earnings were 777 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.7 %, 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. IQ ENERGY NORDIC ApS's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13 612.00 | 9 909.00 | |||
Gross profit | 6 770.97 | 5 256.55 | 6 201.15 | 8 411.00 | 1 564.00 |
EBIT | 4 207.04 | 2 289.82 | 3 112.46 | 5 040.00 | 914.00 |
Net earnings | 3 257.29 | 1 742.44 | 2 400.12 | 3 884.00 | 777.00 |
Shareholders equity total | 7 027.98 | 7 570.42 | 9 370.53 | 6 255.00 | 3 782.00 |
Balance sheet total (assets) | 9 055.20 | 9 156.09 | 11 287.26 | 10 187.00 | 8 546.00 |
Net debt | -4 022.01 | -4 990.80 | -3 437.37 | -2 371.00 | 736.00 |
Profitability | |||||
EBIT-% | 37.0 % | 9.2 % | |||
ROA | 57.5 % | 25.1 % | 30.4 % | 47.1 % | 9.8 % |
ROE | 58.2 % | 23.9 % | 28.3 % | 49.7 % | 15.5 % |
ROI | 75.1 % | 31.0 % | 36.1 % | 63.5 % | 15.5 % |
Economic value added (EVA) | 3 077.25 | 1 627.93 | 2 296.25 | 3 613.02 | 517.14 |
Solvency | |||||
Equity ratio | 77.6 % | 82.7 % | 83.0 % | 69.2 % | 50.7 % |
Gearing | 43.4 % | ||||
Relative net indebtedness % | 10.4 % | 38.8 % | |||
Liquidity | |||||
Quick ratio | 4.1 | 5.8 | 5.8 | 3.5 | 1.9 |
Current ratio | 4.5 | 6.4 | 6.3 | 2.7 | 1.8 |
Cash and cash equivalents | 4 022.01 | 4 990.80 | 3 437.37 | 2 371.00 | 907.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 163.8 | 221.9 | |||
Net working capital % | 46.8 % | 37.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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