ADVISE4IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVISE4IT ApS
ADVISE4IT ApS (CVR number: 35654364) is a company from STEVNS. The company reported a net sales of 1 mDKK in 2020, demonstrating a decline of -35.7 % compared to the previous year. The operating profit percentage was poor at -9.6 % (EBIT: -0.1 mDKK), while net earnings were -27.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.5 %, which can be considered poor and Return on Equity (ROE) was -16.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. ADVISE4IT ApS's liquidity measured by quick ratio was 2.2 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 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 311.27 | 1 950.70 | 1 383.29 | 1 578.49 | 1 015.58 |
Gross profit | 819.62 | 469.24 | 307.95 | 284.25 | 191.81 |
EBIT | 30.45 | 243.60 | -14.52 | 37.57 | -97.07 |
Net earnings | 9.45 | 192.94 | -10.81 | 21.13 | -27.70 |
Shareholders equity total | 128.81 | 271.75 | 210.95 | 182.07 | 154.37 |
Balance sheet total (assets) | 323.10 | 632.06 | 362.32 | 228.80 | 228.54 |
Net debt | - 207.45 | - 127.97 | - 270.01 | -64.91 | - 127.26 |
Profitability | |||||
EBIT-% | 2.3 % | 12.5 % | -1.0 % | 2.4 % | -9.6 % |
ROA | 9.4 % | 51.3 % | -2.9 % | 12.7 % | -18.5 % |
ROE | 7.3 % | 96.3 % | -4.5 % | 10.8 % | -16.5 % |
ROI | 23.6 % | 122.3 % | -6.0 % | 19.1 % | -25.2 % |
Economic value added (EVA) | 23.90 | 196.22 | -17.24 | 28.26 | -74.14 |
Solvency | |||||
Equity ratio | 39.9 % | 43.0 % | 58.2 % | 79.6 % | 67.5 % |
Gearing | |||||
Relative net indebtedness % | -1.0 % | 11.9 % | -8.6 % | -1.2 % | -5.2 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 2.4 | 4.6 | 2.2 |
Current ratio | 1.7 | 1.8 | 2.4 | 4.6 | 2.2 |
Cash and cash equivalents | 207.45 | 127.97 | 270.01 | 64.91 | 127.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.2 | 79.9 | 32.2 | 1.4 | |
Net working capital % | 9.8 % | 13.9 % | 15.2 % | 10.7 % | 8.5 % |
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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