Double You IVS — Credit Rating and Financial Key Figures

CVR number: 37938416
Godthåbsvej 37, 2000 Frederiksberg
c@worsoe.me
tel: 26133917
www.worsoe.me

Credit rating

Company information

Official name
Double You IVS
Established
2016
Company form
Entrepreneurial limited company
Industry
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About Double You IVS

Double You IVS (CVR number: 37938416) is a company from FREDERIKSBERG. The company recorded a gross profit of 17.9 kDKK in 2019. The operating profit was 17.9 kDKK, while net earnings were 13.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Double You IVS's liquidity measured by quick ratio was 10 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
2017
2018
2019
Volume
Net sales73.00
Gross profit65.9214.5517.94
EBIT39.5214.5517.94
Net earnings30.8312.7213.82
Shareholders equity total30.8343.5457.36
Balance sheet total (assets)42.5259.9362.60
Net debt-25.64-46.18-48.23
Profitability
EBIT-%54.1 %
ROA92.9 %31.8 %29.3 %
ROE100.0 %34.2 %27.4 %
ROI128.2 %43.8 %35.6 %
Economic value added (EVA)30.8311.7214.45
Solvency
Equity ratio72.5 %72.7 %91.6 %
Gearing
Relative net indebtedness %-19.1 %
Liquidity
Quick ratio2.63.010.0
Current ratio2.63.010.0
Cash and cash equivalents25.6446.1848.23
Capital use efficiency
Trade debtors turnover (days)21.9
Net working capital %25.1 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:29.3%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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