Easy Accounting IVS — Credit Rating and Financial Key Figures

CVR number: 39758962
Frederiks Allé 75 C, 8000 Aarhus C
camilla_s_r@hotmail.com
tel: 26338670

Company information

Official name
Easy Accounting IVS
Established
2018
Company form
Entrepreneurial limited company
Industry

About Easy Accounting IVS

Easy Accounting IVS (CVR number: 39758962) is a company from AARHUS. The company recorded a gross profit of 7.8 kDKK in 2020, demonstrating a growth of 0 % compared to the previous year. The operating profit was 7.8 kDKK, while net earnings were 8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Easy Accounting IVS's liquidity measured by quick ratio was 157.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
Volume
Net sales-86.70
Gross profit-77.507.75
EBIT-77.507.75
Net earnings-60.508.26
Shareholders equity total82.5057.24
Balance sheet total (assets)88.1957.61
Net debt-70.62-57.61
Profitability
EBIT-%
ROA-87.9 %10.6 %
ROE-73.3 %11.8 %
ROI-93.9 %11.1 %
Economic value added (EVA)-60.507.15
Solvency
Equity ratio93.5 %99.4 %
Gearing
Relative net indebtedness %74.9 %
Liquidity
Quick ratio15.5157.8
Current ratio15.5157.8
Cash and cash equivalents70.6257.61
Capital use efficiency
Trade debtors turnover (days)-74.0
Net working capital %-95.2 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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