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INGVARDSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INGVARDSEN HOLDING ApS
INGVARDSEN HOLDING ApS (CVR number: 31895944) is a company from HJØRRING. The company recorded a gross profit of 46.9 kDKK in 2024. The operating profit was 38.2 kDKK, while net earnings were -544.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. INGVARDSEN HOLDING ApS's liquidity measured by quick ratio was 50.7 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 | -2.81 | 70.07 | 54.54 | 54.34 | 46.89 |
| EBIT | - 589.21 | 61.40 | 45.87 | 6.41 | 38.23 |
| Net earnings | - 454.75 | 2 870.63 | 480.43 | 107.08 | - 544.75 |
| Shareholders equity total | 1 768.84 | 4 526.47 | 4 774.70 | 4 881.78 | 4 215.03 |
| Balance sheet total (assets) | 3 683.15 | 6 247.25 | 6 616.03 | 6 781.11 | 5 314.96 |
| Net debt | 465.53 | 1 430.20 | 1 653.86 | 1 859.97 | 1 007.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -13.4 % | 58.3 % | 8.5 % | 3.1 % | -7.6 % |
| ROE | -22.2 % | 91.2 % | 10.3 % | 2.2 % | -12.0 % |
| ROI | -17.4 % | 70.3 % | 8.8 % | 3.2 % | -7.6 % |
| Economic value added (EVA) | - 735.08 | -42.24 | - 260.76 | - 318.48 | - 310.22 |
| Solvency | |||||
| Equity ratio | 48.0 % | 72.5 % | 72.2 % | 72.0 % | 79.3 % |
| Gearing | 26.7 % | 32.6 % | 34.6 % | 38.3 % | 24.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 4.3 | 3.5 | 3.3 | 50.7 |
| Current ratio | 0.1 | 4.3 | 3.5 | 3.3 | 50.7 |
| Cash and cash equivalents | 6.66 | 45.38 | 9.47 | 43.06 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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