ICOM Composites Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40671188
Havnegade 1 M, 5500 Middelfart
tel: 40196222

Credit rating

Company information

Official name
ICOM Composites Holding ApS
Established
2019
Company form
Private limited company
Industry

About ICOM Composites Holding ApS

ICOM Composites Holding ApS (CVR number: 40671188) is a company from MIDDELFART. The company reported a net sales of 18.1 mDKK in 2024, demonstrating a growth of 774.6 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 18 mDKK), while net earnings were 18.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 42.9 %, which can be considered excellent and Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ICOM Composites Holding ApS's liquidity measured by quick ratio was 14.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 821.344 623.802 470.482 071.8018 120.63
Gross profit2 807.664 610.462 428.082 059.9917 981.06
EBIT2 807.664 610.462 428.082 059.9917 981.06
Net earnings3 367.805 834.421 224.934 212.9618 682.72
Shareholders equity total30 001.4333 335.8632 060.7933 773.7549 956.47
Balance sheet total (assets)30 398.2233 824.7632 440.2934 646.7453 758.05
Net debt-8 601.80-15 225.86-14 007.44-19 001.56-49 746.91
Profitability
EBIT-%99.5 %99.7 %98.3 %99.4 %99.2 %
ROA12.3 %19.4 %10.5 %14.9 %42.9 %
ROE11.7 %18.4 %3.7 %12.8 %44.6 %
ROI12.3 %19.4 %10.5 %15.2 %43.4 %
Economic value added (EVA)1 291.342 836.431 673.92190.3116 091.16
Solvency
Equity ratio98.7 %98.6 %98.8 %97.5 %92.9 %
Gearing0.7 %1.4 %7.1 %
Relative net indebtedness %-297.8 %-329.0 %-551.6 %-875.0 %-273.2 %
Liquidity
Quick ratio35.236.055.127.014.1
Current ratio35.236.055.127.014.1
Cash and cash equivalents8 798.6615 702.0014 007.4419 001.5653 311.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %222.6 %246.7 %359.5 %414.3 %15.4 %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:42.9%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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