IK TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 21578274
Lindbjergvej 79, 8930 Randers NØ
ik@ik-trading.dk

Credit rating

Company information

Official name
IK TRADING ApS
Personnel
6 persons
Established
1999
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About IK TRADING ApS

IK TRADING ApS (CVR number: 21578274) is a company from RANDERS. The company recorded a gross profit of 3865.5 kDKK in 2024. The operating profit was 838.3 kDKK, while net earnings were 630.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IK TRADING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 842.742 198.142 762.074 214.633 865.48
EBIT935.68593.81736.821 593.20838.29
Net earnings775.37446.62561.981 219.27630.10
Shareholders equity total1 384.411 481.021 793.002 612.282 242.38
Balance sheet total (assets)2 995.252 661.484 169.747 119.368 976.94
Net debt127.81306.65739.082 686.151 466.62
Profitability
EBIT-%
ROA33.4 %21.0 %21.6 %28.2 %10.4 %
ROE69.1 %31.2 %34.3 %55.4 %26.0 %
ROI72.2 %36.0 %34.1 %40.7 %18.6 %
Economic value added (EVA)752.24393.17498.041 143.29518.39
Solvency
Equity ratio46.2 %55.6 %43.0 %36.7 %38.0 %
Gearing9.2 %20.7 %41.2 %102.8 %65.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.11.10.9
Current ratio1.41.71.51.41.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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