IKEA A/S — Credit Rating and Financial Key Figures

CVR number: 50574911
Mårkærvej 15, 2630 Taastrup
tel: 43590850

Credit rating

Company information

Official name
IKEA A/S
Personnel
3079 persons
Established
1967
Company form
Limited company
Industry
  • Expand more icon475510

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
Volume
Net sales4 159 831.004 347 296.00
Gross profit1 182 052.001 133 953.00
EBIT399 451.00299 062.00
Net earnings321 463.00216 922.00
Shareholders equity total1 152 559.001 069 481.00
Balance sheet total (assets)2 458 690.002 455 867.00
Net debt658 134.00568 021.00
Profitability
EBIT-%9.6 %6.9 %
ROA17.6 %12.3 %
ROE27.9 %19.5 %
ROI23.1 %16.6 %
Economic value added (EVA)315 330.86173 315.72
Solvency
Equity ratio46.9 %43.9 %
Gearing60.2 %56.9 %
Relative net indebtedness %30.0 %29.0 %
Liquidity
Quick ratio1.10.8
Current ratio1.40.9
Cash and cash equivalents35 989.0040 899.00
Capital use efficiency
Trade debtors turnover (days)1.00.9
Net working capital %5.5 %-1.6 %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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