IDEALCOMBI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IDEALCOMBI A/S
IDEALCOMBI A/S (CVR number: 25829328) is a company from THISTED. The company reported a net sales of 541.3 mDKK in 2023, demonstrating a decline of -20.9 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 52.7 mDKK), while net earnings were 48.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good and Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80 %, 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 2.4 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 | 558.00 | 623.44 | 658.23 | 684.24 | 541.26 |
Gross profit | 91.89 | 125.51 | 139.48 | 134.50 | 119.48 |
EBIT | 19.12 | 60.00 | 70.77 | 60.88 | 52.74 |
Net earnings | 14.59 | 50.24 | 57.13 | 57.69 | 48.18 |
Shareholders equity total | 196.61 | 237.13 | 284.26 | 331.96 | 330.34 |
Balance sheet total (assets) | 385.03 | 390.65 | 406.82 | 442.61 | 420.98 |
Net debt | 58.05 | 21.90 | -12.06 | -85.21 | - 103.73 |
Profitability | |||||
EBIT-% | 3.4 % | 9.6 % | 10.8 % | 8.9 % | 9.7 % |
ROA | 4.9 % | 16.8 % | 18.4 % | 16.9 % | 14.0 % |
ROE | 7.5 % | 23.2 % | 21.9 % | 18.7 % | 14.5 % |
ROI | 6.8 % | 21.9 % | 24.0 % | 21.6 % | 17.5 % |
Economic value added (EVA) | 4.61 | 35.58 | 42.96 | 35.32 | 30.13 |
Solvency | |||||
Equity ratio | 52.0 % | 61.8 % | 71.8 % | 76.5 % | 80.0 % |
Gearing | 34.8 % | 16.0 % | 10.5 % | 0.9 % | 0.8 % |
Relative net indebtedness % | 29.3 % | 21.2 % | 11.7 % | 2.2 % | -5.8 % |
Liquidity | |||||
Quick ratio | 0.7 | 1.0 | 1.4 | 1.5 | 2.4 |
Current ratio | 1.4 | 1.7 | 2.4 | 2.4 | 3.4 |
Cash and cash equivalents | 10.38 | 16.05 | 42.02 | 88.05 | 106.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.9 | 37.6 | 30.6 | 20.1 | 32.6 |
Net working capital % | 8.1 % | 12.8 % | 19.3 % | 21.3 % | 32.8 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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