IRIS GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IRIS GROUP ApS
IRIS GROUP ApS (CVR number: 36477857) is a company from KØBENHAVN. The company reported a net sales of 10.2 mDKK in 2024, demonstrating a growth of 6 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 0.8 mDKK), while net earnings were 617 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 36.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53 %, 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. IRIS GROUP ApS's liquidity measured by quick ratio was 2.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 627.69 | 9 894.65 | 10 098.70 | 9 641.68 | 10 217.07 |
Gross profit | 7 687.80 | 10 058.01 | 10 134.01 | 9 655.57 | 10 352.66 |
EBIT | -84.88 | 420.17 | 581.35 | 526.75 | 813.67 |
Net earnings | - 101.38 | 342.01 | 424.67 | 398.98 | 616.98 |
Shareholders equity total | 1 080.07 | 1 422.08 | 1 396.75 | 1 495.74 | 1 912.71 |
Balance sheet total (assets) | 3 841.56 | 3 746.27 | 3 398.21 | 3 624.16 | 3 780.15 |
Net debt | -1 487.85 | - 513.19 | - 172.82 | - 648.10 | -2 079.46 |
Profitability | |||||
EBIT-% | -1.1 % | 4.2 % | 5.8 % | 5.5 % | 8.0 % |
ROA | -2.1 % | 11.1 % | 16.3 % | 15.0 % | 22.0 % |
ROE | -7.0 % | 27.3 % | 30.1 % | 27.6 % | 36.2 % |
ROI | -5.6 % | 32.1 % | 41.2 % | 36.4 % | 47.7 % |
Economic value added (EVA) | - 177.46 | 293.33 | 379.39 | 338.55 | 555.48 |
Solvency | |||||
Equity ratio | 29.6 % | 46.2 % | 46.5 % | 43.5 % | 53.0 % |
Gearing | 10.7 % | 0.2 % | 0.1 % | 0.1 % | |
Relative net indebtedness % | 15.2 % | 18.3 % | 18.1 % | 15.3 % | -2.1 % |
Liquidity | |||||
Quick ratio | 1.5 | 2.2 | 2.0 | 1.8 | 2.1 |
Current ratio | 1.4 | 1.5 | 1.6 | 1.6 | 1.9 |
Cash and cash equivalents | 1 602.96 | 515.90 | 173.65 | 648.93 | 2 079.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.7 | 84.8 | 70.8 | 92.5 | 27.8 |
Net working capital % | 14.2 % | 12.8 % | 12.3 % | 13.9 % | 17.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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