Add Legacy IVS — Credit Rating and Financial Key Figures

CVR number: 38589539
Akelejevej 10, Smidstrup 3250 Gilleleje

Credit rating

Company information

Official name
Add Legacy IVS
Established
2017
Domicile
Smidstrup
Company form
Entrepreneurial limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Add Legacy IVS

Add Legacy IVS (CVR number: 38589539) is a company from GRIBSKOV. The company recorded a gross profit of 0 kDKK in 2020, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -75.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Add Legacy IVS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
Volume
Net sales-3.38-3.38- 214.97
Gross profit-0.24-1.2323.18
EBIT20.05-0.1523.54
Net earnings20.066.3823.64
Shareholders equity total6.540.16-23.48-23.48
Balance sheet total (assets)7.381.737.947.51
Net debt-3.150.0826.5023.48
Profitability
EBIT-%
ROA271.5 %-3.3 %142.0 %
ROE306.9 %190.6 %583.7 %
ROI306.7 %-3.5 %141.0 %
Economic value added (EVA)20.050.8723.802.61
Solvency
Equity ratio88.5 %7.2 %-74.7 %-75.8 %
Gearing1143.0 %-133.8 %-132.0 %
Relative net indebtedness %68.2 %4.7 %-12.3 %
Liquidity
Quick ratio8.7-7.4
Current ratio8.7-7.4
Cash and cash equivalents3.151.734.927.51
Capital use efficiency
Trade debtors turnover (days)- 456.3
Net working capital %-193.3 %-58.1 %-3.7 %
Credit risk
Credit ratingCBBB

Variable visualization

Equity ratio:-75.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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