IKS Holding 2018 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IKS Holding 2018 ApS
IKS Holding 2018 ApS (CVR number: 39152274K) is a company from FREDERICIA. The company reported a net sales of 559.5 mDKK in 2023, demonstrating a growth of 17.4 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 57.9 mDKK), while net earnings were 36 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. IKS Holding 2018 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 407.73 | 476.52 | 559.53 | ||
Gross profit | 41.81 | 64.04 | 71.35 | 59.61 | 93.99 |
EBIT | 29.88 | 49.04 | 48.22 | 29.27 | 57.88 |
Net earnings | 22.37 | 31.31 | 39.50 | 23.57 | 35.98 |
Shareholders equity total | 26.09 | 57.42 | 76.90 | 96.82 | 137.02 |
Balance sheet total (assets) | 78.22 | 115.31 | 194.39 | 271.11 | 290.09 |
Net debt | 3.29 | -3.54 | 20.72 | 90.31 | 58.18 |
Profitability | |||||
EBIT-% | 11.8 % | 6.1 % | 10.3 % | ||
ROA | 40.8 % | 50.7 % | 35.3 % | 16.0 % | 20.8 % |
ROE | 85.7 % | 75.0 % | 58.8 % | 27.1 % | 30.8 % |
ROI | 67.8 % | 88.3 % | 53.8 % | 22.6 % | 29.8 % |
Economic value added (EVA) | 23.17 | 37.25 | 34.65 | 20.45 | 39.14 |
Solvency | |||||
Equity ratio | 33.4 % | 49.8 % | 39.6 % | 35.7 % | 47.2 % |
Gearing | 78.0 % | 10.8 % | 81.2 % | 94.9 % | 47.6 % |
Relative net indebtedness % | 18.5 % | 36.2 % | 26.1 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.8 | 0.4 | 0.7 |
Current ratio | 1.4 | 1.9 | 1.6 | 1.5 | 1.8 |
Cash and cash equivalents | 17.07 | 9.74 | 41.76 | 1.61 | 7.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.2 | 45.2 | 59.6 | ||
Net working capital % | 17.3 % | 18.9 % | 23.0 % | ||
Credit risk | |||||
Credit rating | A | A | AA | AA | AAA |
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