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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  5.0% 5.0% 3.2% 2.9% 2.4%  
Credit score (0-100)  45 43 54 58 63  
Credit rating  BBB BBB BBB BBB BBB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  755 732 810 823 997  
EBITDA  63.5 138 203 203 361  
EBIT  51.0 129 193 197 350  
Pre-tax profit (PTP)  49.6 126.7 190.2 194.2 349.5  
Net earnings  36.8 98.2 147.7 150.9 272.7  
Pre-tax profit without non-rec. items  49.6 127 190 194 349  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  25.7 27.2 17.2 26.1 15.4  
Shareholders equity total  396 379 377 412 569  
Interest-bearing liabilities  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  549 608 562 533 751  

Net Debt  -27.7 -144 -433 -337 -453  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  755 732 810 823 997  
Gross profit growth  -16.0% -3.1% 10.7% 1.6% 21.2%  
Employees  2 1 1 1 1  
Employee growth %  0.0% -50.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  549 608 562 533 751  
Balance sheet change%  -10.5% 10.8% -7.6% -5.2% 40.9%  
Added value  51.0 128.8 193.5 196.6 349.9  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -7 -8 -20 2 -21  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  3.0 4.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  6.8% 17.6% 23.9% 23.9% 35.1%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  8.8% 22.3% 33.1% 35.9% 54.4%  
ROI %  12.5% 33.3% 51.2% 49.8% 71.0%  
ROE %  9.0% 25.4% 39.1% 38.2% 55.6%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  72.0% 62.3% 67.0% 77.4% 75.8%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -43.6% -104.2% -212.9% -166.1% -125.6%  
Gearing %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 0.0% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  3.3 2.4 2.8 4.0 4.0  
Current Ratio  3.3 2.4 2.8 4.0 4.0  
Cash and cash equivalent  27.7 143.7 433.1 337.3 452.8  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  349.1 330.8 338.1 364.6 535.0  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  25 129 193 197 350  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  32 138 203 203 361  
EBIT / employee  25 129 193 197 350  
Net earnings / employee  18 98 148 151 273