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IKEA A/S — Credit Rating and Financial Key Figures

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

Income statement (mDKK)

2014
2015
2016
2017
2018
Fiscal period length1212121212
Net sales3 454.683 747.203 998.124 159.834 347.30
Other operating income34.3986.7566.69
Costs of manufacturing-2 288.02-2 438.98-2 589.05-2 661.05-2 865.77
External services- 276.16- 285.66- 345.43- 403.48- 414.26
Gross profit890.501 022.551 098.021 182.051 133.95
Employee benefit expenses- 549.23- 591.95- 619.19- 657.35- 728.92
Other operating expenses-48.46-43.02-1.22-2.63-0.67
Total depreciation- 112.74- 116.03- 113.17- 122.63- 105.31
EBIT180.08271.55364.45399.45299.06
Other financial income0.890.780.1132.142.11
Other financial expenses-22.26-23.36-22.93-24.37-18.41
Pre-tax profit158.71248.96341.63407.22282.77
Income taxes-38.58-57.24-72.51-85.76-65.84
Net earnings120.13191.72269.12321.46216.92

Assets (mDKK)

2014
2015
2016
2017
2018
Intangible assets total
Land and waters1 547.521 500.371 429.591 502.421 436.10
Machinery and equipment93.6976.9567.5277.6263.79
Advance payments and construction in progress1.042.4011.217.3718.00
Tangible assets total1 642.251 579.721 508.321 587.411 517.89
Investments total1.183.573.27
Long term receivables total
Finished products/goods168.08179.70182.08160.57176.38
Inventories total168.08179.70182.08160.57176.38
Current trade debtors87.0447.9512.1211.0210.54
Current amounts owed by group member comp.69.631.4916.11417.92299.36
Prepayments and accrued income14.3916.9411.8823.0026.17
Current other receivables4.538.275.85219.21380.50
Current deferred tax assets0.85
Short term receivables total175.6074.6545.96671.15717.43
Cash and bank deposits14.02356.77519.6435.9940.90
Cash and cash equivalents14.02356.77519.6435.9940.90
Balance sheet total (assets)1 999.952 190.832 257.182 458.692 455.87

Equity and liabilities (mDKK)

2014
2015
2016
2017
2018
Share capital5.005.005.005.005.00
Shares repurchased190.00300.00200.00
Retained earnings435.12365.25556.97526.10647.56
Profit of the financial year120.13191.72269.12321.46216.92
Shareholders equity total560.25751.97831.101 152.561 069.48
Provisions32.5036.1546.0222.5384.50
Non-current owed to group member780.66716.57653.40590.23244.07
Non-current other liabilities2.552.64
Non-current deferred tax liabilities64.1756.1051.53
Non-current liabilities total783.21719.21717.57646.33295.60
Current loans from credit institutions69.9463.1712.56
Advances received16.9519.1612.183.5319.03
Current trade creditors62.2855.3044.66321.41318.16
Current owed to group member221.67239.41316.9491.33364.85
Short-term deferred tax liabilities28.1642.201.280.21
Other non-interest bearing current liabilities194.55235.99257.56178.29265.90
Accruals and deferred income30.4428.2729.8729.9338.33
Current liabilities total623.99683.50662.49637.271 006.28
Balance sheet total (liabilities)1 999.962 190.832 257.182 458.692 455.87
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