Fit livsstil IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fit livsstil IVS
Fit livsstil IVS (CVR number: 38672436) is a company from HVIDOVRE. The company reported a net sales of 0.3 mDKK in 2019, demonstrating a growth of 60 % compared to the previous year. The operating profit percentage was poor at -3.7 % (EBIT: -0 mDKK), while net earnings were -9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -28.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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. Fit livsstil 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 89.89 | 191.90 | 307.04 |
Gross profit | 61.63 | 82.03 | 130.77 |
EBIT | 10.63 | 41.83 | -11.38 |
Net earnings | 7.69 | 30.40 | -9.81 |
Shareholders equity total | 8.69 | 39.09 | 29.28 |
Balance sheet total (assets) | 90.25 | 110.53 | 75.37 |
Net debt | -31.89 | -10.13 | -20.97 |
Profitability | |||
EBIT-% | 11.8 % | 21.8 % | -3.7 % |
ROA | 11.8 % | 41.7 % | -12.2 % |
ROE | 88.5 % | 127.3 % | -28.7 % |
ROI | 23.3 % | 69.5 % | -21.8 % |
Economic value added (EVA) | 7.75 | 35.31 | -9.47 |
Solvency | |||
Equity ratio | 9.6 % | 35.4 % | 38.8 % |
Gearing | 424.5 % | 91.3 % | 1.8 % |
Relative net indebtedness % | 14.2 % | 13.4 % | 8.0 % |
Liquidity | |||
Quick ratio | 1.1 | 1.3 | 1.3 |
Current ratio | 1.1 | 1.3 | 1.3 |
Cash and cash equivalents | 68.76 | 45.80 | 21.50 |
Capital use efficiency | |||
Trade debtors turnover (days) | 65.9 | 78.0 | 40.9 |
Net working capital % | 9.7 % | 11.3 % | 3.8 % |
Credit risk | |||
Credit rating | BB | BB | BB |
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