Iron Mountain A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Iron Mountain A/S
Iron Mountain A/S (CVR number: 19396932) is a company from GREVE. The company reported a net sales of 85 mDKK in 2024, demonstrating a decline of -13 % compared to the previous year. The operating profit percentage was at 41 % (EBIT: 34.9 mDKK), while net earnings were 28.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 36.1 %, which can be considered excellent and Return on Equity (ROE) was 54 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. Iron Mountain A/S's liquidity measured by quick ratio was 1.9 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 67.26 | 65.28 | 68.99 | 97.69 | 85.01 |
Gross profit | 41.81 | 37.60 | 41.68 | 59.05 | 57.05 |
EBIT | 21.12 | 20.39 | 23.47 | 36.94 | 34.89 |
Net earnings | 10.53 | 11.31 | 18.29 | 29.61 | 28.37 |
Shareholders equity total | -19.90 | 16.41 | 22.70 | 52.31 | 52.68 |
Balance sheet total (assets) | 72.71 | 53.84 | 78.55 | 105.65 | 97.16 |
Net debt | 54.75 | -1.04 | -1.39 | 1.05 | -3.45 |
Profitability | |||||
EBIT-% | 31.4 % | 31.2 % | 34.0 % | 37.8 % | 41.0 % |
ROA | 23.6 % | 27.8 % | 35.5 % | 41.2 % | 36.1 % |
ROE | 16.1 % | 24.9 % | 93.5 % | 78.9 % | 54.0 % |
ROI | 36.0 % | 50.1 % | 113.3 % | 95.6 % | 66.2 % |
Economic value added (EVA) | 15.22 | 13.82 | 17.38 | 27.66 | 24.32 |
Solvency | |||||
Equity ratio | -21.1 % | 29.8 % | 28.9 % | 49.5 % | 54.2 % |
Gearing | -300.7 % | 4.6 % | 1.4 % | 5.3 % | 0.3 % |
Relative net indebtedness % | 130.1 % | 54.6 % | 78.5 % | 52.9 % | 48.1 % |
Liquidity | |||||
Quick ratio | 0.6 | 1.0 | 1.2 | 1.8 | 1.9 |
Current ratio | 0.6 | 1.0 | 1.2 | 1.8 | 1.9 |
Cash and cash equivalents | 5.08 | 1.80 | 1.70 | 1.71 | 3.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 120.8 | 166.5 | 212.4 | 142.1 | 172.3 |
Net working capital % | -54.1 % | 0.9 % | 15.4 % | 41.8 % | 44.5 % |
Credit risk | |||||
Credit rating | BBB | A | BBB | A | AA |
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