IDEXX LABORATORIES DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 26996279
Sundkrogsgade 21, 2100 København Ø
vivian-dorenbos@idexx.com

Credit rating

Company information

Official name
IDEXX LABORATORIES DANMARK ApS
Personnel
8 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon75Veterinary activities

About IDEXX LABORATORIES DANMARK ApS

IDEXX LABORATORIES DANMARK ApS (CVR number: 26996279) is a company from KØBENHAVN. The company recorded a gross profit of 8006.8 kDKK in 2023. The operating profit was 1789.4 kDKK, while net earnings were 16.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 197 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.9 %, 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. IDEXX LABORATORIES DANMARK ApS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit6 222.126 486.728 443.009 539.848 006.81
EBIT1 335.851 383.871 693.262 016.171 789.39
Net earnings1 055.561 160.341 602.671 454.6516 665.06
Shareholders equity total11 196.8612 357.2013 959.87125.0016 790.06
Balance sheet total (assets)18 200.7222 415.1327 351.4622 051.9628 029.90
Net debt-6 136.28-6 973.197 454.45-7 718.75-7 106.13
Profitability
EBIT-%
ROA7.1 %6.8 %6.8 %8.2 %7.1 %
ROE9.9 %9.9 %12.2 %20.7 %197.0 %
ROI8.9 %8.4 %6.6 %7.8 %8.5 %
Economic value added (EVA)1 158.761 155.051 725.401 411.651 607.46
Solvency
Equity ratio61.5 %55.1 %51.0 %0.6 %59.9 %
Gearing30.5 %48.6 %136.5 %2510.8 %39.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.11.93.02.3
Current ratio2.42.11.93.02.3
Cash and cash equivalents9 549.9512 973.0411 595.8510 857.2713 687.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:7.15%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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