IKADAN SYSTEM A/S — Credit Rating and Financial Key Figures

CVR number: 14491538
Højris Alle 89, 7430 Ikast
ikadan@ikadan.dk

Credit rating

Company information

Official name
IKADAN SYSTEM A/S
Personnel
7 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About IKADAN SYSTEM A/S

IKADAN SYSTEM A/S (CVR number: 14491538) is a company from IKAST-BRANDE. The company recorded a gross profit of 7478.4 kDKK in 2024. The operating profit was 2125.9 kDKK, while net earnings were 1083.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IKADAN SYSTEM A/S's liquidity measured by quick ratio was 8.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 078.7810 456.376 758.116 878.817 478.40
EBIT2 574.052 867.32- 551.67838.002 125.86
Net earnings1 647.384 736.12- 927.97748.341 083.59
Shareholders equity total35 263.6440 096.4431 955.9531 406.3032 157.26
Balance sheet total (assets)40 140.2848 109.6044 745.5337 562.0735 753.53
Net debt-7 235.36-6 260.57-2 938.70-7 206.77-6 182.86
Profitability
EBIT-%
ROA6.1 %12.4 %-1.7 %2.9 %6.1 %
ROE4.8 %12.6 %-2.6 %2.4 %3.4 %
ROI6.5 %13.2 %-1.8 %3.0 %6.5 %
Economic value added (EVA)1 238.121 585.28- 888.28795.00829.24
Solvency
Equity ratio87.9 %83.3 %71.4 %83.6 %89.9 %
Gearing2.3 %9.9 %29.6 %10.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.62.81.64.78.9
Current ratio6.24.12.36.012.2
Cash and cash equivalents8 034.0910 224.3812 395.7010 472.236 182.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.06%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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