OFFBEATMODE IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | 152.00 | 550.00 | 920.74 |
| Gross profit | 49.00 | 30.91 | 562.52 |
| EBIT | 49.00 | 30.91 | 69.57 |
| Net earnings | 49.00 | 30.91 | 69.57 |
| Shareholders equity total | 49.00 | 131.70 | 185.40 |
| Balance sheet total (assets) | 43.00 | 131.70 | 411.32 |
| Net debt | -43.00 | - 229.17 | |
| Profitability | |||
| EBIT-% | 32.2 % | 5.6 % | 7.6 % |
| ROA | 114.0 % | 35.4 % | 25.6 % |
| ROE | 100.0 % | 34.2 % | 43.9 % |
| ROI | 128.9 % | 36.4 % | 41.7 % |
| Economic value added (EVA) | 49.00 | 30.61 | 62.96 |
| Solvency | |||
| Equity ratio | 75.4 % | 100.0 % | 45.1 % |
| Gearing | 8.8 % | ||
| Relative net indebtedness % | -25.0 % | -2.1 % | |
| Liquidity | |||
| Quick ratio | 8.6 | 1.5 | |
| Current ratio | 8.6 | 1.9 | |
| Cash and cash equivalents | 43.00 | 245.54 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 0.2 | ||
| Net working capital % | 25.0 % | 23.9 % | 21.4 % |
| Credit risk | |||
| Credit rating | B | BB | BBB |
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