IB CLEMMENSEN A/S ODENSE — Credit Rating and Financial Key Figures

CVR number: 39798417
Stærmosegårdsvej 21, 5230 Odense M

Company information

Official name
IB CLEMMENSEN A/S ODENSE
Personnel
3 persons
Established
1972
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales891.55867.19895.79921.23896.78
Gross profit550.7332.491 380.42437.16434.09
EBIT- 241.87- 685.11662.82- 280.44- 184.41
Net earnings70.07- 745.77500.14-2 189.67157.89
Shareholders equity total20 670.0319 724.2620 224.4017 784.7317 842.62
Balance sheet total (assets)20 992.4820 068.7720 621.7518 108.9218 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 %
ROA1.4 %-4.6 %3.7 %-0.4 %1.1 %
ROE0.3 %-3.7 %2.5 %-11.5 %0.9 %
ROI1.5 %-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 ratio98.5 %98.3 %98.1 %98.2 %97.8 %
Gearing
Relative net indebtedness %-80.7 %37.0 %10.9 %16.7 %22.8 %
Liquidity
Quick ratio5.30.91.13.12.4
Current ratio5.30.91.13.12.4
Cash and cash equivalents1 018.9923.50299.72170.30192.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %106.6 %-3.3 %3.1 %63.0 %53.6 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:1.12%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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