A/S IKAST BETONVAREFABRIK

CVR number: 37537314
Lysholt Alle 4, 7430 Ikast

Credit rating

Company information

Official name
A/S IKAST BETONVAREFABRIK
Personnel
826 persons
Established
1971
Company form
Limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

About the company

A/S IKAST BETONVAREFABRIK (CVR number: 37537314) is a company from IKAST-BRANDE. The company reported a net sales of 1606.8 mDKK in 2023, demonstrating a decline of -18.1 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 183.1 mDKK), while net earnings were 150.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.6 %, 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. A/S IKAST BETONVAREFABRIK's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales1 265.541 529.081 731.861 961.691 606.84
Gross profit581.41733.96838.45834.64715.98
EBIT147.41216.60283.85261.33183.10
Net earnings151.44184.09228.87207.82150.74
Shareholders equity total653.49749.67856.881 003.141 001.64
Balance sheet total (assets)1 449.431 541.791 700.841 870.961 769.15
Net debt460.18457.53499.01560.12497.46
Profitability
EBIT-%11.6 %14.2 %16.4 %13.3 %11.4 %
ROA13.8 %15.9 %18.1 %15.2 %11.3 %
ROE24.9 %26.2 %28.5 %22.3 %15.0 %
ROI15.0 %17.7 %20.7 %17.1 %12.6 %
Economic value added (EVA)92.81145.43190.70165.5196.76
Solvency
Equity ratio45.1 %48.7 %50.4 %53.7 %56.6 %
Gearing70.8 %61.5 %58.6 %56.1 %50.3 %
Relative net indebtedness %56.2 %46.2 %43.5 %38.9 %41.8 %
Liquidity
Quick ratio0.71.11.31.51.0
Current ratio1.11.51.82.01.5
Cash and cash equivalents2.553.162.913.026.22
Capital use efficiency
Trade debtors turnover (days)33.237.436.948.038.2
Net working capital %2.0 %11.9 %16.7 %20.2 %14.1 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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