OFFBEATMODE IVS — Credit Rating and Financial Key Figures

CVR number: 37436992
Automatikvej 1, 2860 Søborg

Credit rating

Company information

Official name
OFFBEATMODE IVS
Personnel
1 person
Established
2016
Company form
Entrepreneurial limited company
Industry

About OFFBEATMODE IVS

OFFBEATMODE IVS (CVR number: 37436992) is a company from GLADSAXE. The company reported a net sales of 0.9 mDKK in 2018, demonstrating a growth of 67.4 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 0.1 mDKK), while net earnings were 69.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 43.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. OFFBEATMODE IVS'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales152.00550.00920.74
Gross profit49.0030.91562.52
EBIT49.0030.9169.57
Net earnings49.0030.9169.57
Shareholders equity total49.00131.70185.40
Balance sheet total (assets)43.00131.70411.32
Net debt-43.00- 229.17
Profitability
EBIT-%32.2 %5.6 %7.6 %
ROA114.0 %35.4 %25.6 %
ROE100.0 %34.2 %43.9 %
ROI128.9 %36.4 %41.7 %
Economic value added (EVA)49.0030.6162.96
Solvency
Equity ratio75.4 %100.0 %45.1 %
Gearing8.8 %
Relative net indebtedness %-25.0 %-2.1 %
Liquidity
Quick ratio8.61.5
Current ratio8.61.9
Cash and cash equivalents43.00245.54
Capital use efficiency
Trade debtors turnover (days)0.2
Net working capital %25.0 %23.9 %21.4 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:25.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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