IDfication Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 40951229
Haderslevvej 36, 6000 Kolding
kontakt@idfication.com
tel: 23338850
idfication.com

Company information

Official name
IDfication Denmark ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About IDfication Denmark ApS

IDfication Denmark ApS (CVR number: 40951229) is a company from KOLDING. The company recorded a gross profit of -361 kDKK in 2021. The operating profit was -599.8 kDKK, while net earnings were -537.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -61.2 %, which can be considered poor and Return on Equity (ROE) was -304.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IDfication Denmark ApS's liquidity measured by quick ratio was 4.1 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
2020
2021
Volume
Net sales
Gross profit-65.04- 360.97
EBIT-65.04- 599.84
Net earnings-52.87- 537.72
Shareholders equity total-12.87116.42
Balance sheet total (assets)236.651 710.34
Net debt198.13307.58
Profitability
EBIT-%
ROA-26.1 %-61.2 %
ROE-22.3 %-304.6 %
ROI-27.7 %-62.4 %
Economic value added (EVA)-51.47- 472.72
Solvency
Equity ratio-5.2 %6.8 %
Gearing-1824.0 %1350.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.34.1
Current ratio0.34.1
Cash and cash equivalents36.581 265.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-61.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.81%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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