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 2024. The operating profit was -1817.1 kDKK, while net earnings were -1544.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.9 %, which can be considered poor and Return on Equity (ROE) was -101.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ikast Håndbold 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.