IKAST ETIKET A/S — Credit Rating and Financial Key Figures

IKAST ETIKET A/S (CVR number: 10402980) is a company from IKAST-BRANDE. The company recorded a gross profit of 16 mDKK in 2023. The operating profit was 10.9 mDKK, while net earnings were 8793.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.9 %, which can be considered excellent and Return on Equity (ROE) was 82.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. IKAST ETIKET A/S's liquidity measured by quick ratio was 2.9 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.