IFS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IFS ApS
IFS ApS (CVR number: 28483007) is a company from TÅRNBY. The company recorded a gross profit of 2655.1 kDKK in 2018. The operating profit was -695.1 kDKK, while net earnings were -612.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.1 %, which can be considered poor and Return on Equity (ROE) was -33.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IFS ApS's liquidity measured by quick ratio was 1.5 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 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 2 482.92 | 3 902.19 | 2 655.07 |
| EBIT | 854.62 | 1 667.93 | - 695.12 |
| Net earnings | 580.51 | 1 231.07 | - 612.42 |
| Shareholders equity total | 1 915.05 | 2 146.12 | 1 533.70 |
| Balance sheet total (assets) | 4 341.42 | 5 637.83 | 6 937.08 |
| Net debt | 587.95 | 166.28 | 1 139.92 |
| Profitability | |||
| EBIT-% | |||
| ROA | 19.7 % | 33.4 % | -11.1 % |
| ROE | 30.3 % | 60.6 % | -33.3 % |
| ROI | 22.2 % | 38.4 % | -14.0 % |
| Economic value added (EVA) | 666.11 | 1 254.23 | - 540.83 |
| Solvency | |||
| Equity ratio | 44.1 % | 38.1 % | 23.3 % |
| Gearing | 82.1 % | 62.2 % | 128.2 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 5.2 | 4.0 | 1.5 |
| Current ratio | 5.2 | 4.0 | 1.2 |
| Cash and cash equivalents | 983.48 | 1 167.70 | 826.02 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | A | A | BBB |
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