A/S IKAST BETONVAREFABRIK — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S IKAST BETONVAREFABRIK
A/S IKAST BETONVAREFABRIK (CVR number: 37537314) is a company from IKAST-BRANDE. The company reported a net sales of 1648.6 mDKK in 2024, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 12.3 % (EBIT: 202.1 mDKK), while net earnings were 181.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 606 842.96 | 1 648 586.37 | |||
Gross profit | 715 978.78 | 768 849.00 | |||
EBIT | 183 101.23 | 202 105.74 | |||
Net earnings | 150 739.78 | 181 621.72 | |||
Shareholders equity total | 1 001 643.77 | 1 125 161.49 | |||
Balance sheet total (assets) | 1 769 149.28 | 1 983 311.41 | |||
Net debt | 497 455.46 | 573 677.17 | |||
Profitability | |||||
EBIT-% | 11.4 % | 12.3 % | |||
ROA | 11.6 % | 12.7 % | |||
ROE | 15.0 % | 17.1 % | |||
ROI | 12.9 % | 14.1 % | |||
Economic value added (EVA) | -60 229.71 | 143 555.79 | 78 315.56 | ||
Solvency | |||||
Equity ratio | 56.6 % | 56.8 % | |||
Gearing | 50.3 % | 51.1 % | |||
Relative net indebtedness % | 41.8 % | 46.3 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | |||
Current ratio | 1.5 | 1.5 | |||
Cash and cash equivalents | 6 224.66 | 1 222.38 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.2 | 50.1 | |||
Net working capital % | 14.1 % | 13.7 % | |||
Credit risk | |||||
Credit rating | B | B | B | AAA | AAA |
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