IFG ApS

CVR number: 79012319
Nørregade 13, 7200 Grindsted
britta@kontorbutikken.dk
tel: 75322122

Credit rating

Company information

Official name
IFG ApS
Personnel
6 persons
Established
1985
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About IFG ApS

IFG ApS (CVR number: 79012319) is a company from BILLUND. The company recorded a gross profit of 1584 kDKK in 2019. The operating profit was 149.7 kDKK, while net earnings were 42 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IFG ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit1 721.411 606.651 440.521 583.99
EBIT102.27117.4396.90149.73
Net earnings9.5325.233.9341.97
Shareholders equity total40.7866.0169.94111.91
Balance sheet total (assets)1 918.641 697.691 723.281 556.12
Net debt714.40742.57675.67532.47
Profitability
EBIT-%
ROA5.3 %6.5 %5.7 %9.1 %
ROE23.4 %47.2 %5.8 %46.2 %
ROI13.2 %14.7 %12.4 %21.2 %
Economic value added (EVA)81.3584.9663.04110.17
Solvency
Equity ratio2.1 %3.9 %4.1 %7.2 %
Gearing1774.0 %1135.8 %986.3 %481.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.2
Current ratio0.90.91.01.0
Cash and cash equivalents9.097.1814.116.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:9.13%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.19%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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