IRAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IRAS A/S
IRAS A/S (CVR number: 46482611) is a company from ESBJERG. The company recorded a gross profit of 9954.4 kDKK in 2025. The operating profit was -323.3 kDKK, while net earnings were -319.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, 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. IRAS A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 19 049.24 | 14 157.81 | 11 388.05 | 9 761.46 | 9 954.37 |
| EBIT | 5 531.13 | 1 508.72 | - 296.35 | -2 118.14 | - 323.34 |
| Net earnings | 4 233.90 | 1 047.09 | - 200.00 | -1 904.44 | - 319.82 |
| Shareholders equity total | 12 326.28 | 9 373.37 | 9 173.37 | 7 268.93 | 13 695.17 |
| Balance sheet total (assets) | 28 395.39 | 23 729.28 | 26 205.21 | 21 078.64 | 23 163.48 |
| Net debt | -1 678.45 | 7 550.78 | 3 652.70 | 10 382.56 | 977.66 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.9 % | 5.8 % | 0.3 % | -8.5 % | -0.9 % |
| ROE | 34.7 % | 9.7 % | -2.2 % | -23.2 % | -3.1 % |
| ROI | 35.0 % | 9.1 % | 0.4 % | -11.2 % | -1.1 % |
| Economic value added (EVA) | 3 527.66 | 358.68 | -1 104.88 | -2 517.51 | -1 145.98 |
| Solvency | |||||
| Equity ratio | 50.4 % | 40.4 % | 40.4 % | 35.0 % | 68.0 % |
| Gearing | 25.9 % | 81.2 % | 83.3 % | 143.8 % | 20.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 0.3 | 0.5 | 0.1 | 0.7 |
| Current ratio | 1.8 | 1.6 | 1.5 | 1.5 | 2.8 |
| Cash and cash equivalents | 4 869.40 | 58.97 | 3 989.32 | 66.97 | 1 854.87 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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