IRO DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IRO DENMARK ApS
IRO DENMARK ApS (CVR number: 32325785) is a company from KØBENHAVN. The company recorded a gross profit of 2715.6 kDKK in 2023. The operating profit was -153.7 kDKK, while net earnings were -240.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. IRO DENMARK ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 492.94 | 2 510.59 | 1 815.92 | 2 011.59 | 2 715.58 |
EBIT | 1 443.60 | 576.24 | 214.41 | 248.53 | - 153.74 |
Net earnings | 1 114.67 | 433.67 | 152.76 | 179.53 | - 240.89 |
Shareholders equity total | 3 253.98 | 3 687.65 | 3 840.41 | 4 019.94 | 3 779.05 |
Balance sheet total (assets) | 5 421.88 | 5 117.86 | 5 775.31 | 5 296.83 | 5 439.05 |
Net debt | - 744.86 | -2 067.50 | -2 298.35 | - 111.51 | -80.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.1 % | 10.9 % | 4.1 % | 4.5 % | -2.9 % |
ROE | 41.3 % | 12.5 % | 4.1 % | 4.6 % | -6.2 % |
ROI | 32.4 % | 14.0 % | 5.3 % | 5.5 % | -3.4 % |
Economic value added (EVA) | 1 051.09 | 366.81 | 95.91 | 142.71 | - 315.06 |
Solvency | |||||
Equity ratio | 60.0 % | 72.1 % | 66.5 % | 75.9 % | 69.5 % |
Gearing | 27.2 % | 5.6 % | 13.6 % | 14.6 % | 19.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.8 | 1.6 | 1.7 | 1.5 |
Current ratio | 1.7 | 2.7 | 2.2 | 2.9 | 3.6 |
Cash and cash equivalents | 1 628.65 | 2 273.70 | 2 821.53 | 698.49 | 831.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
Variable visualization
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