Credit rating
Company information
About RatePanel IVS
RatePanel IVS (CVR number: 37572977) is a company from AALBORG. The company recorded a gross profit of 32.8 kDKK in 2019. The operating profit was -27.2 kDKK, while net earnings were -21.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -89.3 %, which can be considered poor and Return on Equity (ROE) was -128.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RatePanel IVS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -4.50 | 19.37 | 30.35 | 32.85 |
EBIT | -4.50 | 19.37 | 17.26 | -27.15 |
Net earnings | -4.18 | 13.27 | 13.12 | -21.42 |
Shareholders equity total | 1.02 | 14.29 | 27.41 | 5.98 |
Balance sheet total (assets) | 19.02 | 29.34 | 36.85 | 23.96 |
Net debt | -6.77 | -22.66 | -36.85 | -17.98 |
Profitability | ||||
EBIT-% | ||||
ROA | -23.7 % | 80.1 % | 52.2 % | -89.3 % |
ROE | -409.8 % | 173.3 % | 62.9 % | -128.3 % |
ROI | -36.7 % | 116.6 % | 71.4 % | -162.6 % |
Economic value added (EVA) | -3.64 | 15.70 | 14.24 | -19.91 |
Solvency | ||||
Equity ratio | 5.4 % | 48.7 % | 74.4 % | 25.0 % |
Gearing | 1103.1 % | 46.7 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.1 | 1.9 | 3.9 | 1.3 |
Current ratio | 1.1 | 1.9 | 3.9 | 1.3 |
Cash and cash equivalents | 18.03 | 29.34 | 36.85 | 17.98 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | B |
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