IKADAN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 19 902.00 | 22 421.00 | 13 433.00 | 16 356.00 | 15 693.00 |
EBIT | 8 428.00 | 10 326.00 | 2 207.00 | 6 683.00 | 8 171.00 |
Net earnings | 5 444.00 | 7 887.00 | 1 298.00 | 5 600.00 | 6 714.00 |
Shareholders equity total | 86 878.00 | 94 862.00 | 98 947.00 | 103 250.00 | 109 631.00 |
Balance sheet total (assets) | 100 122.00 | 105 069.00 | 105 498.00 | 109 983.00 | 118 415.00 |
Net debt | -82 209.00 | -93 783.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 10.1 % | 2.1 % | 6.9 % | 9.0 % |
ROE | 6.5 % | 8.7 % | 1.3 % | 5.5 % | 6.3 % |
ROI | 9.1 % | 10.1 % | 2.1 % | 7.1 % | 9.5 % |
Economic value added (EVA) | 6 882.36 | 5 960.38 | -2 559.82 | 73.73 | 4 746.47 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 93.9 % | 92.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 19.3 | 15.2 | |||
Current ratio | 21.7 | 17.1 | |||
Cash and cash equivalents | 82 209.00 | 93 783.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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