IKE INTERNATIONAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IKE INTERNATIONAL ApS
IKE INTERNATIONAL ApS (CVR number: 10774578) is a company from AARHUS. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 0.1 mDKK), while net earnings were 2985.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IKE INTERNATIONAL ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 861.38 | 1 008.16 | 964.45 | 968.60 | 1 009.68 |
Gross profit | 346.03 | 699.40 | 680.19 | 630.06 | 589.28 |
EBIT | - 116.64 | 210.48 | 191.10 | 138.25 | 69.03 |
Net earnings | -87.62 | 101.30 | 1 708.82 | 1 585.18 | 2 985.17 |
Shareholders equity total | 5 534.87 | 5 636.17 | 7 344.98 | 8 930.16 | 11 915.34 |
Balance sheet total (assets) | 16 437.59 | 16 406.14 | 18 450.46 | 20 260.87 | 23 194.81 |
Net debt | 9 685.91 | 9 226.64 | 9 147.20 | 9 137.83 | 10 081.97 |
Profitability | |||||
EBIT-% | -13.5 % | 20.9 % | 19.8 % | 14.3 % | 6.8 % |
ROA | 0.3 % | 1.9 % | 13.3 % | 11.0 % | 19.1 % |
ROE | -1.6 % | 1.8 % | 26.3 % | 19.5 % | 28.6 % |
ROI | 0.3 % | 2.0 % | 14.0 % | 11.7 % | 20.4 % |
Economic value added (EVA) | - 827.29 | - 592.02 | - 587.99 | - 704.77 | - 842.14 |
Solvency | |||||
Equity ratio | 33.7 % | 34.4 % | 39.8 % | 44.1 % | 51.4 % |
Gearing | 188.1 % | 182.3 % | 137.3 % | 110.0 % | 84.6 % |
Relative net indebtedness % | 1181.2 % | 964.2 % | 1054.6 % | 1099.0 % | 1117.1 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.6 | 1.4 | 0.9 | 0.5 |
Current ratio | 2.0 | 2.6 | 1.4 | 0.9 | 0.5 |
Cash and cash equivalents | 727.70 | 1 049.28 | 933.99 | 685.83 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 79.8 % | 106.6 % | 48.6 % | -15.4 % | -89.4 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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