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ISVÆRKET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ISVÆRKET A/S
ISVÆRKET A/S (CVR number: 35663363) is a company from ESBJERG. The company reported a net sales of 5.7 mDKK in 2025, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was at 46.7 % (EBIT: 2.7 mDKK), while net earnings were 871.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.2 %, 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. ISVÆRKET A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 979.11 | 4 189.84 | 4 581.75 | 5 349.37 | 5 686.33 |
| Gross profit | 733.70 | 843.61 | 1 519.56 | 2 359.44 | 3 063.11 |
| EBIT | 326.26 | 446.70 | 530.50 | 1 929.93 | 2 657.89 |
| Net earnings | - 203.44 | - 139.69 | - 225.66 | 2 956.53 | 871.28 |
| Shareholders equity total | 21 313.01 | 21 173.31 | 20 947.66 | 23 904.19 | 24 775.47 |
| Balance sheet total (assets) | 61 592.82 | 60 568.64 | 59 468.08 | 59 895.02 | 60 063.01 |
| Net debt | 38 488.89 | 37 592.09 | 36 147.85 | 31 230.93 | 28 537.79 |
| Profitability | |||||
| EBIT-% | 8.2 % | 10.7 % | 11.6 % | 36.1 % | 46.7 % |
| ROA | 0.5 % | 0.7 % | 0.9 % | 9.4 % | 4.4 % |
| ROE | -0.9 % | -0.7 % | -1.1 % | 13.2 % | 3.6 % |
| ROI | 0.5 % | 0.8 % | 0.9 % | 9.7 % | 4.6 % |
| Economic value added (EVA) | -2 833.44 | -2 668.05 | -2 548.50 | -1 370.43 | - 841.35 |
| Solvency | |||||
| Equity ratio | 46.0 % | 46.5 % | 47.0 % | 39.9 % | 41.2 % |
| Gearing | 180.6 % | 177.5 % | 172.6 % | 138.5 % | 129.5 % |
| Relative net indebtedness % | 1006.2 % | 935.4 % | 837.7 % | 619.4 % | 536.8 % |
| Liquidity | |||||
| Quick ratio | 0.0 | 0.1 | 0.1 | 0.8 | 1.3 |
| Current ratio | 0.0 | 0.1 | 0.1 | 0.8 | 1.3 |
| Cash and cash equivalents | 1 881.53 | 3 546.04 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 2.2 | 11.8 | 6.6 | 5.6 | 8.7 |
| Net working capital % | -156.1 % | -161.6 % | -173.6 % | -13.4 % | 18.6 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | AA |
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