IKC Nordiccomhandel Aps — Credit Rating and Financial Key Figures

CVR number: 42297747
Poppelvej 10, 4654 Faxe Ladeplads
wedelman@mail.tele.dk
tel: 56717525

Credit rating

Company information

Official name
IKC Nordiccomhandel Aps
Personnel
3 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon477800

About IKC Nordiccomhandel Aps

IKC Nordiccomhandel Aps (CVR number: 42297747) is a company from FAXE. The company reported a net sales of 3 mDKK in 2023, demonstrating a growth of 21 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 0.1 mDKK), while net earnings were 70.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 42.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IKC Nordiccomhandel Aps's liquidity measured by quick ratio was 0.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales2 700.792 504.253 029.26
Gross profit695.54676.26813.62
EBIT146.53-8.6380.87
Net earnings105.09-14.5070.39
Shareholders equity total145.09130.59202.44
Balance sheet total (assets)765.431 343.741 440.74
Net debt62.22700.55577.28
Profitability
EBIT-%5.4 %-0.3 %2.7 %
ROA19.1 %-0.8 %5.8 %
ROE72.4 %-10.5 %42.3 %
ROI37.5 %-1.2 %8.2 %
Economic value added (EVA)112.14-4.6474.13
Solvency
Equity ratio19.0 %9.7 %14.1 %
Gearing163.3 %598.5 %413.0 %
Relative net indebtedness %16.2 %44.6 %31.8 %
Liquidity
Quick ratio0.80.70.8
Current ratio0.90.80.9
Cash and cash equivalents174.7480.97258.86
Capital use efficiency
Trade debtors turnover (days)24.564.472.8
Net working capital %-3.1 %-11.7 %-5.4 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:5.81%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.1%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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