ISTA DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ISTA DANMARK A/S
ISTA DANMARK A/S (CVR number: 24232816) is a company from BALLERUP. The company reported a net sales of 316 mDKK in 2023, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was at 47.4 % (EBIT: 149.8 mDKK), while net earnings were 144.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 85.5 %, which can be considered excellent and Return on Equity (ROE) was 78.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ISTA DANMARK A/S's liquidity measured by quick ratio was 4.8 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 274.89 | 288.10 | 295.77 | 298.96 | 316.00 |
Gross profit | 212.62 | 224.34 | 231.27 | 233.20 | 243.37 |
EBIT | 128.30 | 135.69 | 144.53 | 145.57 | 149.81 |
Net earnings | 116.19 | 129.73 | 135.01 | 140.16 | 144.79 |
Shareholders equity total | 157.62 | 171.16 | 176.44 | 181.59 | 186.22 |
Balance sheet total (assets) | 195.75 | 221.65 | 213.52 | 212.56 | 214.66 |
Net debt | -4.04 | 1.72 | -5.97 | -8.10 | -0.14 |
Profitability | |||||
EBIT-% | 46.7 % | 47.1 % | 48.9 % | 48.7 % | 47.4 % |
ROA | 76.0 % | 77.8 % | 78.2 % | 82.4 % | 85.5 % |
ROE | 74.7 % | 78.9 % | 77.7 % | 78.3 % | 78.7 % |
ROI | 88.6 % | 89.5 % | 89.8 % | 92.7 % | 94.9 % |
Economic value added (EVA) | 96.41 | 103.70 | 109.22 | 104.84 | 107.43 |
Solvency | |||||
Equity ratio | 80.5 % | 77.2 % | 82.6 % | 85.4 % | 86.8 % |
Gearing | 2.3 % | 3.1 % | 2.5 % | 2.4 % | 2.5 % |
Relative net indebtedness % | 8.0 % | 13.3 % | 6.7 % | 4.4 % | 6.7 % |
Liquidity | |||||
Quick ratio | 3.4 | 3.4 | 3.9 | 4.7 | 4.8 |
Current ratio | 3.8 | 3.7 | 4.3 | 5.3 | 5.5 |
Cash and cash equivalents | 7.62 | 3.56 | 10.34 | 12.44 | 4.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.0 | 11.7 | 15.2 | 21.0 | 10.4 |
Net working capital % | 27.9 % | 34.1 % | 34.0 % | 36.6 % | 36.7 % |
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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