Raindrops IVS — Credit Rating and Financial Key Figures

CVR number: 36065680
Sorgenfrigårdsvej 55, 2800 Kgs. Lyngby

Credit rating

Company information

Official name
Raindrops IVS
Personnel
2 persons
Established
2014
Company form
Entrepreneurial limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Raindrops IVS

Raindrops IVS (CVR number: 36065680) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 55.2 kDKK in 2018. The operating profit was 55.2 kDKK, while net earnings were 37.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. Raindrops IVS's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit27.1545.9455.20
EBIT27.1545.9455.20
Net earnings21.0134.8837.52
Shareholders equity total71.74106.62144.14
Balance sheet total (assets)123.21138.41234.21
Net debt-50.700.69-16.66
Profitability
EBIT-%
ROA22.0 %35.1 %29.6 %
ROE29.3 %39.1 %29.9 %
ROI31.1 %46.7 %43.4 %
Economic value added (EVA)21.1435.5635.39
Solvency
Equity ratio58.2 %77.0 %61.5 %
Gearing21.7 %2.5 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.44.42.6
Current ratio2.44.42.6
Cash and cash equivalents66.302.0117.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:29.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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