Credit rating
Company information
About IB CLEMMENSEN A/S ODENSE
IB CLEMMENSEN A/S ODENSE (CVR number: 39798417) is a company from ODENSE. The company reported a net sales of 0.9 mDKK in 2022, demonstrating a growth of 2.8 % compared to the previous year. The operating profit percentage was poor at -30.4 % (EBIT: -0.3 mDKK), while net earnings were -2189.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IB CLEMMENSEN A/S ODENSE's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 868.52 | 891.55 | 867.19 | 895.79 | 921.23 |
Gross profit | -1 229.93 | 550.73 | 32.49 | 1 380.42 | 437.16 |
EBIT | -2 138.33 | - 241.87 | - 685.11 | 662.82 | - 280.44 |
Net earnings | -1 537.41 | 70.07 | - 745.77 | 500.14 | -2 189.67 |
Shareholders equity total | 20 707.96 | 20 670.03 | 19 724.26 | 20 224.40 | 17 784.73 |
Balance sheet total (assets) | 21 025.79 | 20 992.48 | 20 068.77 | 20 621.75 | 18 108.92 |
Net debt | - 188.37 | -1 018.99 | -23.50 | - 299.72 | - 170.30 |
Profitability | |||||
EBIT-% | -246.2 % | -27.1 % | -79.0 % | 74.0 % | -30.4 % |
ROA | -7.3 % | 1.4 % | -4.6 % | 3.7 % | -0.4 % |
ROE | -7.1 % | 0.3 % | -3.7 % | 2.5 % | -11.5 % |
ROI | -7.3 % | 1.5 % | -4.6 % | 3.8 % | -0.4 % |
Economic value added (EVA) | -2 769.31 | -1 190.94 | -1 531.30 | - 456.55 | -1 220.01 |
Solvency | |||||
Equity ratio | 98.5 % | 98.5 % | 98.3 % | 98.1 % | 98.2 % |
Gearing | |||||
Relative net indebtedness % | 13.5 % | -80.7 % | 37.0 % | 10.9 % | 16.7 % |
Liquidity | |||||
Quick ratio | 2.0 | 5.3 | 0.9 | 1.1 | 3.1 |
Current ratio | 2.0 | 5.3 | 0.9 | 1.1 | 3.1 |
Cash and cash equivalents | 188.37 | 1 018.99 | 23.50 | 299.72 | 170.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 25.5 % | 106.6 % | -3.3 % | 3.1 % | 63.0 % |
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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