IOT DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IOT DENMARK A/S
IOT DENMARK A/S (CVR number: 36558164) is a company from GLADSAXE. The company recorded a gross profit of -1858.5 kDKK in 2020. The operating profit was -10.6 mDKK, while net earnings were -11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -31.7 %, which can be considered poor and Return on Equity (ROE) was -137 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IOT DENMARK A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 802.00 | -4 210.00 | -3 640.00 | -2 356.00 | -1 858.52 |
EBIT | -6 282.00 | -14 455.00 | -15 338.00 | -12 777.00 | -10 585.97 |
Net earnings | -4 930.00 | -11 605.00 | -20 037.00 | -16 126.00 | -11 365.47 |
Shareholders equity total | 9 086.00 | 1 748.00 | -18 289.00 | -19 414.00 | -30 779.96 |
Balance sheet total (assets) | 15 018.00 | 16 250.00 | 10 644.00 | 7 992.00 | 8 600.04 |
Net debt | - 387.00 | 11 042.00 | 24 909.00 | 17 929.00 | 29 252.01 |
Profitability | |||||
EBIT-% | |||||
ROA | -41.9 % | -92.5 % | -67.2 % | -45.4 % | -31.7 % |
ROE | -54.3 % | -214.2 % | -323.4 % | -173.1 % | -137.0 % |
ROI | -48.6 % | -105.7 % | -76.0 % | -58.0 % | -42.8 % |
Economic value added (EVA) | -4 903.17 | -10 760.11 | -17 864.73 | -13 960.43 | -9 551.35 |
Solvency | |||||
Equity ratio | 60.5 % | 10.8 % | -63.2 % | -16.7 % | -31.6 % |
Gearing | 42.5 % | 725.5 % | -139.7 % | -95.5 % | -98.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 4.3 | 1.1 | 0.3 | 0.6 |
Current ratio | 3.5 | 4.3 | 1.2 | 0.3 | 0.6 |
Cash and cash equivalents | 4 253.00 | 1 640.00 | 634.00 | 613.00 | 1 095.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | B | B | B |
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