IB CLEMMENSEN A/S ODENSE — Credit Rating and Financial Key Figures
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 2023, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was poor at -20.6 % (EBIT: -0.2 mDKK), while net earnings were 157.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.8 %, 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 2.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 891.55 | 867.19 | 895.79 | 921.23 | 896.78 |
Gross profit | 550.73 | 32.49 | 1 380.42 | 437.16 | 434.09 |
EBIT | - 241.87 | - 685.11 | 662.82 | - 280.44 | - 184.41 |
Net earnings | 70.07 | - 745.77 | 500.14 | -2 189.67 | 157.89 |
Shareholders equity total | 20 670.03 | 19 724.26 | 20 224.40 | 17 784.73 | 17 842.62 |
Balance sheet total (assets) | 20 992.48 | 20 068.77 | 20 621.75 | 18 108.92 | 18 239.26 |
Net debt | -1 018.99 | -23.50 | - 299.72 | - 170.30 | - 192.09 |
Profitability | |||||
EBIT-% | -27.1 % | -79.0 % | 74.0 % | -30.4 % | -20.6 % |
ROA | 1.4 % | -4.6 % | 3.7 % | -0.4 % | 1.1 % |
ROE | 0.3 % | -3.7 % | 2.5 % | -11.5 % | 0.9 % |
ROI | 1.5 % | -4.6 % | 3.8 % | -0.4 % | 1.1 % |
Economic value added (EVA) | -1 190.94 | -1 531.30 | - 456.55 | -1 220.01 | -1 028.59 |
Solvency | |||||
Equity ratio | 98.5 % | 98.3 % | 98.1 % | 98.2 % | 97.8 % |
Gearing | |||||
Relative net indebtedness % | -80.7 % | 37.0 % | 10.9 % | 16.7 % | 22.8 % |
Liquidity | |||||
Quick ratio | 5.3 | 0.9 | 1.1 | 3.1 | 2.4 |
Current ratio | 5.3 | 0.9 | 1.1 | 3.1 | 2.4 |
Cash and cash equivalents | 1 018.99 | 23.50 | 299.72 | 170.30 | 192.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 106.6 % | -3.3 % | 3.1 % | 63.0 % | 53.6 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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