Exclusive Refinish IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Exclusive Refinish IVS
Exclusive Refinish IVS (CVR number: 38049917) is a company from KØGE. The company recorded a gross profit of -4.2 kDKK in 2020. The operating profit was -4.2 kDKK, while net earnings were -4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -20.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Exclusive Refinish IVS's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017  | 2018  | 2019  | 2020  | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 199.23 | 4.50 | ||
| Gross profit | 99.93 | -12.29 | -0.06 | -4.19 | 
| EBIT | 88.07 | -12.29 | -0.06 | -4.19 | 
| Net earnings | 66.13 | -12.94 | -0.15 | -4.30 | 
| Shareholders equity total | 66.14 | 53.20 | 23.05 | 18.75 | 
| Balance sheet total (assets) | 97.74 | 54.04 | 31.19 | 26.10 | 
| Net debt | -97.73 | -51.70 | -26.19 | -22.10 | 
| Profitability | ||||
| EBIT-% | 44.2 % | -273.0 % | ||
| ROA | 90.1 % | -16.2 % | -0.2 % | -14.6 % | 
| ROE | 100.0 % | -21.7 % | -0.4 % | -20.6 % | 
| ROI | 133.2 % | -20.6 % | -0.2 % | -20.0 % | 
| Economic value added (EVA) | 66.58 | -9.86 | 0.53 | -3.36 | 
| Solvency | ||||
| Equity ratio | 67.7 % | 98.4 % | 73.9 % | 71.8 % | 
| Gearing | ||||
| Relative net indebtedness % | -33.2 % | -1130.2 % | ||
| Liquidity | ||||
| Quick ratio | 3.1 | 64.4 | 3.8 | 3.6 | 
| Current ratio | 3.1 | 64.4 | 3.8 | 3.6 | 
| Cash and cash equivalents | 97.73 | 51.70 | 26.19 | 22.10 | 
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | 33.2 % | 1182.2 % | ||
| Credit risk | ||||
| Credit rating | B | B | BB | B | 
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