Strøget 54, Ikast ApS — Credit Rating and Financial Key Figures

CVR number: 13174849
Vester Isen Vej 10, 7430 Ikast

Credit rating

Company information

Official name
Strøget 54, Ikast ApS
Established
1989
Company form
Private limited company
Industry

About Strøget 54, Ikast ApS

Strøget 54, Ikast ApS (CVR number: 13174849) is a company from IKAST-BRANDE. The company recorded a gross profit of 388.6 kDKK in 2024. The operating profit was 294 kDKK, while net earnings were 213.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Strøget 54, Ikast ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit402.93336.21358.65383.15388.57
EBIT307.14239.61262.80288.55293.97
Net earnings209.20166.83143.5285.16213.65
Shareholders equity total544.35711.17854.69939.861 153.51
Balance sheet total (assets)3 481.243 368.893 284.453 273.323 228.29
Net debt2 754.672 497.362 268.372 067.231 764.85
Profitability
EBIT-%
ROA8.6 %7.0 %7.9 %8.8 %9.0 %
ROE39.5 %26.6 %18.3 %9.5 %20.4 %
ROI9.1 %7.4 %8.3 %9.2 %9.5 %
Economic value added (EVA)61.8818.5427.117.5570.77
Solvency
Equity ratio15.6 %21.1 %26.0 %28.7 %35.7 %
Gearing506.1 %351.2 %267.4 %230.6 %166.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.20.3
Current ratio0.00.00.00.20.3
Cash and cash equivalents16.74100.22149.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.04%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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