IDEALCOMBI A/S — Credit Rating and Financial Key Figures

CVR number: 25829328
Nørre Alle 51, 7760 Hurup Thy
info@idealcombi.dk
tel: 96882500
https://idealcombi.dk

Credit rating

Company information

Official name
IDEALCOMBI A/S
Personnel
457 persons
Established
1981
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales566.55651.59685.48717.35570.75
Gross profit94.30146.25159.39161.32140.69
EBIT19.6766.5173.2469.0856.77
Net earnings14.5950.2457.1371.4856.77
Shareholders equity total196.61237.13284.26331.96284.26
Balance sheet total (assets)391.31410.78427.93480.02427.93
Net debt49.07-6.35-35.59- 137.77- 131.28
Profitability
EBIT-%3.5 %10.2 %10.7 %9.6 %9.9 %
ROA4.9 %16.6 %17.5 %16.2 %13.7 %
ROE7.5 %23.2 %21.9 %23.2 %18.4 %
ROI6.9 %22.3 %24.1 %22.0 %18.3 %
Economic value added (EVA)5.3041.1846.1244.7636.14
Solvency
Equity ratio51.1 %58.7 %68.2 %70.4 %72.7 %
Gearing34.8 %16.0 %10.5 %0.9 %0.7 %
Relative net indebtedness %28.4 %19.0 %10.9 %-0.0 %-6.2 %
Liquidity
Quick ratio0.71.11.41.52.2
Current ratio1.41.72.22.22.9
Cash and cash equivalents19.3644.3165.55140.61133.26
Capital use efficiency
Trade debtors turnover (days)37.741.238.525.233.8
Net working capital %8.3 %13.4 %19.9 %22.5 %32.7 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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