IGE+XAO NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 13266395
Bistrupvej 22, 3460 Birkerød
tel: 45942100

Company information

Official name
IGE+XAO NORDIC ApS
Personnel
13 persons
Established
1989
Company form
Private limited company
Industry

About IGE+XAO NORDIC ApS

IGE+XAO NORDIC ApS (CVR number: 13266395) is a company from RUDERSDAL. The company recorded a gross profit of 14.7 mDKK in 2023. The operating profit was 2697.5 kDKK, while net earnings were 2005.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 67.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. IGE+XAO NORDIC ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 631.717 459.478 528.399 855.7514 728.93
EBIT2 202.991 555.992 447.7712.822 697.49
Net earnings1 672.031 161.771 806.62-71.802 005.84
Shareholders equity total6 485.957 647.723 454.343 382.552 588.39
Balance sheet total (assets)13 660.8017 204.5116 667.2212 091.3812 861.57
Net debt-8 155.07-11 355.27-5 504.13-5 262.76-4 432.13
Profitability
EBIT-%
ROA12.8 %10.1 %14.5 %0.1 %21.6 %
ROE15.7 %16.4 %32.5 %-2.1 %67.2 %
ROI19.6 %19.7 %26.9 %0.2 %76.5 %
Economic value added (EVA)1 728.611 327.102 098.72428.992 202.63
Solvency
Equity ratio47.5 %44.5 %20.7 %28.0 %20.1 %
Gearing9.1 %5.7 %182.6 %14.1 %23.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.81.21.31.2
Current ratio1.91.81.21.31.2
Cash and cash equivalents8 743.2611 788.5311 810.315 739.695 027.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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