IKA-LINE STORKØKKEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 1445.7 kDKK in 2024. The operating profit was -347 kDKK, while net earnings were -245.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IKA-LINE STORKØKKEN A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 452.46 | 4 213.17 | 3 295.67 | 2 243.51 | 1 445.75 |
EBIT | 1 927.90 | 1 235.70 | 677.92 | 407.66 | - 346.95 |
Net earnings | 2 221.11 | 1 448.28 | 671.31 | 373.72 | - 245.83 |
Shareholders equity total | 15 061.99 | 14 310.28 | 12 781.58 | 10 955.30 | 6 709.47 |
Balance sheet total (assets) | 20 380.85 | 19 814.82 | 19 231.15 | 15 872.31 | 15 010.52 |
Net debt | 2 152.69 | 2 307.34 | 702.47 | 3 502.09 | 7 060.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.4 % | 10.0 % | 5.7 % | 3.8 % | -1.1 % |
ROE | 15.4 % | 9.9 % | 5.0 % | 3.1 % | -2.8 % |
ROI | 17.2 % | 11.2 % | 6.3 % | 4.1 % | -1.2 % |
Economic value added (EVA) | 666.32 | 61.09 | - 418.88 | - 562.31 | -1 010.99 |
Solvency | |||||
Equity ratio | 73.9 % | 72.2 % | 66.5 % | 69.0 % | 44.7 % |
Gearing | 18.9 % | 26.3 % | 37.0 % | 32.3 % | 112.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 2.5 | 2.1 | 2.1 | 1.2 |
Current ratio | 3.2 | 3.1 | 2.6 | 2.7 | 1.5 |
Cash and cash equivalents | 694.04 | 1 458.43 | 4 026.78 | 40.76 | 451.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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