IKA-LINE STORKØKKEN A/S — Credit Rating and Financial Key Figures

CVR number: 29604606
Saturnvej 5, 7430 Ikast

Credit rating

Company information

Official name
IKA-LINE STORKØKKEN A/S
Personnel
3 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About IKA-LINE STORKØKKEN A/S

IKA-LINE STORKØKKEN A/S (CVR number: 29604606) is a company from IKAST-BRANDE. The company recorded a gross profit of 2243.5 kDKK in 2023. The operating profit was 419 kDKK, while net earnings were 373.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. IKA-LINE STORKØKKEN A/S's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 723.294 452.464 213.173 295.672 243.51
EBIT715.921 927.901 235.70677.92419.03
Net earnings1 452.232 221.111 448.28671.31373.72
Shareholders equity total13 840.8915 061.9914 310.2812 781.5810 955.30
Balance sheet total (assets)18 202.8820 380.8519 814.8219 231.1515 872.31
Net debt883.332 152.692 307.34702.473 502.09
Profitability
EBIT-%
ROA11.3 %15.4 %10.0 %5.7 %3.8 %
ROE10.7 %15.4 %9.9 %5.0 %3.1 %
ROI12.4 %17.2 %11.2 %6.3 %4.2 %
Economic value added (EVA)-69.38904.65239.02- 156.36- 113.46
Solvency
Equity ratio76.0 %73.9 %72.2 %66.5 %69.0 %
Gearing20.3 %18.9 %26.3 %37.0 %32.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.82.52.12.1
Current ratio3.53.23.12.62.7
Cash and cash equivalents1 929.81694.041 458.434 026.7840.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.82%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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