Trice Copenhagen IVS
Credit rating
Company information
About Trice Copenhagen IVS
Trice Copenhagen IVS (CVR number: 37895407) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a decline of -77.1 % compared to the previous year. The operating profit percentage was poor at -23.9 % (EBIT: -0 mDKK), while net earnings were -14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.2 %, which can be considered poor and Return on Equity (ROE) was -42.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -77.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Trice Copenhagen IVS's liquidity measured by quick ratio was 6.1 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 financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 30.22 | 257.29 | 58.79 |
Gross profit | 21.59 | 254.20 | 55.95 |
EBIT | -4.18 | 13.29 | -14.05 |
Net earnings | -4.03 | 13.29 | -14.06 |
Shareholders equity total | -4.03 | -10.02 | -24.07 |
Balance sheet total (assets) | 34.85 | 58.44 | 7.09 |
Net debt | -0.99 | -39.21 | -1.12 |
Profitability | |||
EBIT-% | -13.8 % | 5.2 % | -23.9 % |
ROA | -10.8 % | 24.8 % | -28.2 % |
ROE | -11.5 % | 28.5 % | -42.9 % |
ROI | -8.7 % | 34.1 % | -46.0 % |
Economic value added (EVA) | -4.18 | 14.19 | -11.58 |
Solvency | |||
Equity ratio | -10.4 % | -14.6 % | -77.2 % |
Gearing | -321.2 % | -4.6 % | |
Relative net indebtedness % | 82.6 % | 11.4 % | 49.2 % |
Liquidity | |||
Quick ratio | 3.6 | 1.2 | 6.1 |
Current ratio | 9.0 | 1.5 | 6.1 |
Cash and cash equivalents | 13.92 | 39.21 | 2.23 |
Capital use efficiency | |||
Trade debtors turnover (days) | 7.2 | 30.2 | |
Net working capital % | 102.5 % | 7.8 % | 10.1 % |
Credit risk | |||
Credit rating | C | B | B |
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