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IC ELECTRIC A/S — Credit Rating and Financial Key Figures

CVR number: 32160905
Lundagervej 25 C, 8722 Hedensted
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Credit rating

Company information

Official name
IC ELECTRIC A/S
Personnel
20 persons
Established
2009
Company form
Limited company
Industry

About IC ELECTRIC A/S

IC ELECTRIC A/S (CVR number: 32160905) is a company from HEDENSTED. The company recorded a gross profit of 16.5 mDKK in 2025. The operating profit was 2361.2 kDKK, while net earnings were 1758.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 30.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, 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. IC ELECTRIC A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit25 377.2820 074.4918 689.6316 171.6316 528.42
EBIT2 133.67390.57101.911 086.292 361.20
Net earnings1 580.8687.60- 120.53688.561 758.90
Shareholders equity total5 206.834 294.444 173.904 862.466 621.36
Balance sheet total (assets)17 937.5913 089.7412 776.1112 653.6314 556.09
Net debt-78.153 374.381 849.06-2 293.60-4 047.67
Profitability
EBIT-%
ROA12.3 %2.8 %1.1 %9.3 %17.9 %
ROE32.2 %1.8 %-2.8 %15.2 %30.6 %
ROI23.1 %4.3 %1.4 %12.4 %22.9 %
Economic value added (EVA)1 197.46- 225.41- 397.83358.621 324.84
Solvency
Equity ratio29.0 %32.8 %32.7 %38.4 %45.5 %
Gearing93.9 %127.7 %121.6 %103.3 %72.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.41.51.7
Current ratio1.21.41.41.61.8
Cash and cash equivalents4 964.932 110.093 226.367 317.948 843.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Board member
Chairman of the board
Board member

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