IKEA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IKEA A/S
IKEA A/S (CVR number: 50574911K) is a company from Høje-Taastrup. The company reported a net sales of 4347.3 mDKK in 2018, demonstrating a growth of 4.5 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 299.1 mDKK), while net earnings were 216.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IKEA A/S's liquidity measured by quick ratio was 0.8 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 financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | 4 159 831.00 | 4 347 296.00 |
Gross profit | 1 182 052.00 | 1 133 953.00 |
EBIT | 399 451.00 | 299 062.00 |
Net earnings | 321 463.00 | 216 922.00 |
Shareholders equity total | 1 152 559.00 | 1 069 481.00 |
Balance sheet total (assets) | 2 458 690.00 | 2 455 867.00 |
Net debt | 658 134.00 | 568 021.00 |
Profitability | ||
EBIT-% | 9.6 % | 6.9 % |
ROA | 17.6 % | 12.3 % |
ROE | 27.9 % | 19.5 % |
ROI | 23.1 % | 16.6 % |
Economic value added (EVA) | 315 330.86 | 173 315.72 |
Solvency | ||
Equity ratio | 46.9 % | 43.9 % |
Gearing | 60.2 % | 56.9 % |
Relative net indebtedness % | 30.0 % | 29.0 % |
Liquidity | ||
Quick ratio | 1.1 | 0.8 |
Current ratio | 1.4 | 0.9 |
Cash and cash equivalents | 35 989.00 | 40 899.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 1.0 | 0.9 |
Net working capital % | 5.5 % | -1.6 % |
Credit risk | ||
Credit rating | AA | AA |
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