IKUBA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IKUBA ApS
IKUBA ApS (CVR number: 36532858) is a company from LEMVIG. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a growth of 0.2 % compared to the previous year. The operating profit percentage was at 57.1 % (EBIT: 0.9 mDKK), while net earnings were 667.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.4 %, which can be considered excellent and Return on Equity (ROE) was 105.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. IKUBA ApS's liquidity measured by quick ratio was 2.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 270.80 | 885.37 | 1 421.20 | 1 508.35 | 1 511.00 |
Gross profit | 270.80 | 885.37 | 1 415.12 | 1 508.35 | 1 511.00 |
EBIT | -69.90 | 220.35 | 870.42 | 786.52 | 863.20 |
Net earnings | -55.06 | 170.11 | 672.23 | 600.32 | 667.17 |
Shareholders equity total | -90.75 | 79.36 | 751.58 | 647.94 | 615.12 |
Balance sheet total (assets) | 290.24 | 677.11 | 1 504.09 | 1 493.93 | 995.65 |
Net debt | 13.66 | - 296.10 | -1 116.44 | - 955.47 | - 869.99 |
Profitability | |||||
EBIT-% | -25.8 % | 24.9 % | 61.2 % | 52.1 % | 57.1 % |
ROA | -22.9 % | 41.6 % | 79.8 % | 52.5 % | 69.4 % |
ROE | -22.7 % | 92.1 % | 161.8 % | 85.8 % | 105.6 % |
ROI | -32.9 % | 81.7 % | 134.9 % | 84.6 % | 115.7 % |
Economic value added (EVA) | -62.52 | 164.88 | 663.38 | 556.06 | 623.33 |
Solvency | |||||
Equity ratio | -23.8 % | 11.7 % | 50.0 % | 43.4 % | 61.8 % |
Gearing | -253.4 % | 289.8 % | 30.6 % | 35.5 % | |
Relative net indebtedness % | 60.8 % | 8.1 % | -41.8 % | -22.5 % | -32.4 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 2.0 | 1.8 | 2.6 |
Current ratio | 0.8 | 1.1 | 2.0 | 1.8 | 2.6 |
Cash and cash equivalents | 216.34 | 526.10 | 1 346.44 | 1 185.47 | 869.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.3 | 61.1 | 39.8 | 74.6 | 30.4 |
Net working capital % | -33.5 % | 9.0 % | 52.9 % | 43.0 % | 40.7 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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