IGAF HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IGAF HOLDING A/S
IGAF HOLDING A/S (CVR number: 26688167) is a company from SILKEBORG. The company recorded a gross profit of -18.9 kDKK in 2023. The operating profit was -138.9 kDKK, while net earnings were 4066.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.9 %, which can be considered poor but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IGAF HOLDING A/S's liquidity measured by quick ratio was 114.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.02 | -21.74 | -25.00 | -19.04 | -18.88 |
EBIT | - 144.02 | - 141.74 | - 145.00 | - 139.04 | - 138.88 |
Net earnings | 351.84 | - 408.80 | 250.57 | -1 658.74 | 4 066.77 |
Shareholders equity total | 15 514.09 | 14 305.30 | 13 755.86 | 12 097.12 | 15 363.89 |
Balance sheet total (assets) | 15 780.60 | 14 762.17 | 13 857.66 | 12 203.23 | 15 477.90 |
Net debt | -12 555.41 | -11 629.28 | -13 473.31 | -11 690.09 | -12 991.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.0 % | 3.1 % | 6.8 % | 3.3 % | -18.9 % |
ROE | 2.3 % | -2.7 % | 1.8 % | -12.8 % | 29.6 % |
ROI | 2.5 % | -0.8 % | 1.9 % | 3.4 % | 29.5 % |
Economic value added (EVA) | - 939.07 | - 933.85 | - 886.02 | - 834.51 | - 751.25 |
Solvency | |||||
Equity ratio | 98.3 % | 96.9 % | 99.3 % | 99.1 % | 99.3 % |
Gearing | 1.6 % | 3.1 % | 0.6 % | 0.7 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 48.3 | 26.6 | 133.2 | 112.2 | 114.7 |
Current ratio | 48.3 | 26.6 | 133.2 | 112.2 | 114.7 |
Cash and cash equivalents | 12 805.27 | 12 070.71 | 13 557.66 | 11 779.56 | 13 077.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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