Remories IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Remories IVS
Remories IVS (CVR number: 36897627) is a company from FREDERIKSBERG. The company reported a net sales of 0.9 mDKK in 2017, demonstrating a growth of 41.1 % compared to the previous year. The operating profit percentage was poor at -5.6 % (EBIT: -0 mDKK), while net earnings were -48.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.5 %, which can be considered poor and Return on Equity (ROE) was -24.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Remories IVS's liquidity measured by quick ratio was 4.6 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 financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 613.20 | 865.50 |
Gross profit | 232.09 | -48.32 |
EBIT | 232.09 | -48.32 |
Net earnings | 181.03 | -48.83 |
Shareholders equity total | 224.60 | 175.87 |
Balance sheet total (assets) | 397.10 | 225.16 |
Net debt | - 396.68 | - 224.73 |
Profitability | ||
EBIT-% | 37.8 % | -5.6 % |
ROA | 58.4 % | -15.5 % |
ROE | 80.6 % | -24.4 % |
ROI | 103.3 % | -24.1 % |
Economic value added (EVA) | 181.03 | -39.68 |
Solvency | ||
Equity ratio | 56.6 % | 78.1 % |
Gearing | ||
Relative net indebtedness % | -36.6 % | -20.3 % |
Liquidity | ||
Quick ratio | 2.3 | 4.6 |
Current ratio | 2.3 | 4.6 |
Cash and cash equivalents | 396.68 | 224.73 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 36.6 % | 20.3 % |
Credit risk | ||
Credit rating | BB | B |
Variable visualization
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