Kondifabrikken IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kondifabrikken IVS
Kondifabrikken IVS (CVR number: 36983434) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2019, demonstrating a decline of -91.8 % compared to the previous year. The operating profit percentage was poor at -1538.5 % (EBIT: -0 mDKK), while net earnings were -46.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.1 %, which can be considered poor and Return on Equity (ROE) was -75.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, 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. Kondifabrikken IVS's liquidity measured by quick ratio was 1.8 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 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 67.48 | 67.88 | 24.40 | 2.00 |
Gross profit | 55.43 | 46.82 | 9.12 | 2.00 |
EBIT | 54.06 | 31.69 | -6.41 | -30.77 |
Net earnings | 41.85 | 21.83 | -5.26 | -46.89 |
Shareholders equity total | 68.77 | 90.60 | 85.34 | 38.45 |
Balance sheet total (assets) | 135.36 | 147.86 | 145.59 | 109.77 |
Net debt | -99.76 | -77.12 | -87.84 | -80.56 |
Profitability | ||||
EBIT-% | 80.1 % | 46.7 % | -26.3 % | -1538.5 % |
ROA | 39.9 % | 22.4 % | -4.4 % | -24.1 % |
ROE | 60.9 % | 27.4 % | -6.0 % | -75.8 % |
ROI | 78.6 % | 39.5 % | -7.2 % | -49.7 % |
Economic value added (EVA) | 42.13 | 25.17 | -4.37 | -41.26 |
Solvency | ||||
Equity ratio | 50.8 % | 61.3 % | 58.6 % | 35.0 % |
Gearing | ||||
Relative net indebtedness % | -49.2 % | -31.2 % | -113.1 % | -461.9 % |
Liquidity | ||||
Quick ratio | 2.5 | 2.5 | 2.4 | 1.8 |
Current ratio | 2.5 | 2.5 | 2.4 | 1.8 |
Cash and cash equivalents | 99.76 | 77.12 | 87.84 | 80.56 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 117.9 | 101.1 | 281.2 | |
Net working capital % | 108.7 % | 85.1 % | 252.5 % | 1824.6 % |
Credit risk | ||||
Credit rating | BB | BBB | BB | BB |
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