IKADAN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20186372
Højris Alle 89, 7430 Ikast
ikadan@ikadan.dk

Credit rating

Company information

Official name
IKADAN HOLDING A/S
Established
1997
Company form
Limited company
Industry
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About IKADAN HOLDING A/S

IKADAN HOLDING A/S (CVR number: 20186372K) is a company from IKAST-BRANDE. The company recorded a gross profit of 15.7 mDKK in 2024. The operating profit was 8171 kDKK, while net earnings were 6714 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IKADAN HOLDING A/S's liquidity measured by quick ratio was 15.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 902.0022 421.0013 433.0016 356.0015 693.00
EBIT8 428.0010 326.002 207.006 683.008 171.00
Net earnings5 444.007 887.001 298.005 600.006 714.00
Shareholders equity total86 878.0094 862.0098 947.00103 250.00109 631.00
Balance sheet total (assets)100 122.00105 069.00105 498.00109 983.00118 415.00
Net debt-82 209.00-93 783.00
Profitability
EBIT-%
ROA8.7 %10.1 %2.1 %6.9 %9.0 %
ROE6.5 %8.7 %1.3 %5.5 %6.3 %
ROI9.1 %10.1 %2.1 %7.1 %9.5 %
Economic value added (EVA)6 882.365 960.38-2 559.8273.734 746.47
Solvency
Equity ratio100.0 %100.0 %100.0 %93.9 %92.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio19.315.2
Current ratio21.717.1
Cash and cash equivalents82 209.0093 783.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:9.01%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.6%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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