Ikast Håndbold A/S — Credit Rating and Financial Key Figures

Ikast Håndbold A/S (CVR number: 29814635) is a company from IKAST-BRANDE. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was -136.9 kDKK, while net earnings were 273.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.1 %, 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. Ikast Håndbold A/S's liquidity measured by quick ratio was 1.4 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.