IDEALCOMBI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IDEALCOMBI A/S
IDEALCOMBI A/S (CVR number: 25829328K) is a company from THISTED. The company reported a net sales of 570.7 mDKK in 2023, demonstrating a decline of -20.4 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 56.8 mDKK), while net earnings were 56.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. IDEALCOMBI A/S's liquidity measured by quick ratio was 2.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 566.55 | 651.59 | 685.48 | 717.35 | 570.75 |
Gross profit | 94.30 | 146.25 | 159.39 | 161.32 | 140.69 |
EBIT | 19.67 | 66.51 | 73.24 | 69.08 | 56.77 |
Net earnings | 14.59 | 50.24 | 57.13 | 71.48 | 56.77 |
Shareholders equity total | 196.61 | 237.13 | 284.26 | 331.96 | 284.26 |
Balance sheet total (assets) | 391.31 | 410.78 | 427.93 | 480.02 | 427.93 |
Net debt | 49.07 | -6.35 | -35.59 | - 137.77 | - 131.28 |
Profitability | |||||
EBIT-% | 3.5 % | 10.2 % | 10.7 % | 9.6 % | 9.9 % |
ROA | 4.9 % | 16.6 % | 17.5 % | 16.2 % | 13.7 % |
ROE | 7.5 % | 23.2 % | 21.9 % | 23.2 % | 18.4 % |
ROI | 6.9 % | 22.3 % | 24.1 % | 22.0 % | 18.3 % |
Economic value added (EVA) | 5.30 | 41.18 | 46.12 | 44.76 | 36.14 |
Solvency | |||||
Equity ratio | 51.1 % | 58.7 % | 68.2 % | 70.4 % | 72.7 % |
Gearing | 34.8 % | 16.0 % | 10.5 % | 0.9 % | 0.7 % |
Relative net indebtedness % | 28.4 % | 19.0 % | 10.9 % | -0.0 % | -6.2 % |
Liquidity | |||||
Quick ratio | 0.7 | 1.1 | 1.4 | 1.5 | 2.2 |
Current ratio | 1.4 | 1.7 | 2.2 | 2.2 | 2.9 |
Cash and cash equivalents | 19.36 | 44.31 | 65.55 | 140.61 | 133.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.7 | 41.2 | 38.5 | 25.2 | 33.8 |
Net working capital % | 8.3 % | 13.4 % | 19.9 % | 22.5 % | 32.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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