IP-First ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IP-First ApS
IP-First ApS (CVR number: 42573590) is a company from BRØNDBY. The company recorded a gross profit of -18.2 kDKK in 2024. The operating profit was -18.2 kDKK, while net earnings were -60.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IP-First ApS's liquidity measured by quick ratio was 49.3 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -5.00 | -8.30 | - 159.82 | -18.16 |
| EBIT | -5.00 | -8.30 | - 159.82 | -18.16 |
| Net earnings | -6.72 | -10.39 | - 125.17 | -60.47 |
| Shareholders equity total | 593.28 | 582.89 | 457.73 | 397.26 |
| Balance sheet total (assets) | 598.28 | 588.39 | 487.20 | 402.86 |
| Net debt | - 596.39 | - 427.69 | - 320.91 | - 276.54 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -0.8 % | -1.4 % | -29.5 % | -3.7 % |
| ROE | -1.1 % | -1.8 % | -24.1 % | -14.1 % |
| ROI | -0.8 % | -1.4 % | -30.5 % | -3.9 % |
| Economic value added (EVA) | -3.90 | 21.82 | - 104.49 | 8.37 |
| Solvency | ||||
| Equity ratio | 99.2 % | 99.1 % | 94.0 % | 98.6 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 119.7 | 78.6 | 12.2 | 49.3 |
| Current ratio | 119.7 | 78.6 | 12.2 | 49.3 |
| Cash and cash equivalents | 596.39 | 427.69 | 320.91 | 276.54 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | B | BB |
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