Surf-IT IVS — Credit Rating and Financial Key Figures

CVR number: 37602205
A.D. Jørgensens Vej 9, 2000 Frederiksberg
info@surf-it.dk
tel: 51386803
surf-IT.dk

Company information

Official name
Surf-IT IVS
Established
2016
Company form
Entrepreneurial limited company
Industry

About Surf-IT IVS

Surf-IT IVS (CVR number: 37602205) is a company from FREDERIKSBERG. The company recorded a gross profit of -21.5 kDKK in 2019. The operating profit was -21.5 kDKK, while net earnings were -22.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.4 %, which can be considered poor and Return on Equity (ROE) was -49.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Surf-IT IVS's liquidity measured by quick ratio was 17.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit116.4638.14-4.79-21.54
EBIT41.4638.14-4.79-21.54
Net earnings32.2929.76-5.37-22.59
Shareholders equity total32.3062.0556.6834.09
Balance sheet total (assets)34.3472.4958.7236.13
Net debt-15.30-70.35-52.32-27.11
Profitability
EBIT-%
ROA120.7 %71.5 %-7.3 %-45.4 %
ROE100.0 %63.1 %-9.1 %-49.8 %
ROI120.7 %77.6 %-7.8 %-45.4 %
Economic value added (EVA)32.2929.40-3.49-20.88
Solvency
Equity ratio94.1 %85.6 %96.5 %94.4 %
Gearing6.3 %3.3 %3.6 %6.0 %
Relative net indebtedness %
Liquidity
Quick ratio16.86.928.817.7
Current ratio16.86.928.817.7
Cash and cash equivalents17.3472.3954.3629.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-45.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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