House2succeed IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About House2succeed IVS
House2succeed IVS (CVR number: 37493473) is a company from GLADSAXE. The company recorded a gross profit of -29.7 kDKK in 2019. The operating profit was -29.7 kDKK, while net earnings were -23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.6 %, which can be considered poor and Return on Equity (ROE) was -77.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. House2succeed IVS's liquidity measured by quick ratio was 1.6 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 46.36 | |||
| Gross profit | 5.07 | -23.27 | 71.83 | -29.72 |
| EBIT | 5.07 | -23.27 | 71.83 | -29.72 |
| Net earnings | 3.50 | -19.04 | 55.48 | -23.43 |
| Shareholders equity total | 5.50 | -13.54 | 41.94 | 18.50 |
| Balance sheet total (assets) | 10.07 | 100.20 | 126.46 | 50.49 |
| Net debt | -8.05 | -95.92 | -26.17 | -33.33 |
| Profitability | ||||
| EBIT-% | 10.9 % | |||
| ROA | 50.4 % | -37.6 % | 59.8 % | -33.6 % |
| ROE | 63.6 % | -36.0 % | 78.1 % | -77.5 % |
| ROI | 92.3 % | -846.6 % | 342.5 % | -98.4 % |
| Economic value added (EVA) | 3.50 | -18.82 | 61.02 | -23.30 |
| Solvency | ||||
| Equity ratio | 54.6 % | -11.9 % | 33.2 % | 36.6 % |
| Gearing | ||||
| Relative net indebtedness % | -7.5 % | |||
| Liquidity | ||||
| Quick ratio | 2.2 | 0.9 | 1.5 | 1.6 |
| Current ratio | 2.2 | 0.9 | 1.5 | 1.6 |
| Cash and cash equivalents | 8.05 | 95.92 | 26.17 | 33.33 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | 11.9 % | |||
| Credit risk | ||||
| Credit rating | B | BB | BB | BB |
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