ITW DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ITW DENMARK ApS
ITW DENMARK ApS (CVR number: 27149588) is a company from SILKEBORG. The company recorded a gross profit of -567 kDKK in 2023. The operating profit was -567 kDKK, while net earnings were 177.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ITW DENMARK ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 168.00 | - 292.00 | - 567.00 | ||
EBIT | - 146.00 | - 180.00 | - 168.00 | - 292.00 | - 567.00 |
Net earnings | 273 238.00 | 131 894.00 | 156 120.00 | 201 915.00 | 177 846.00 |
Shareholders equity total | 743 381.00 | 520 190.00 | 676 240.00 | 877 979.00 | 955 661.00 |
Balance sheet total (assets) | 869 650.00 | 711 668.00 | 914 930.00 | 1 043 177.00 | 1 164 083.00 |
Net debt | 86 431.00 | 172 316.00 | 238 367.00 | 145 307.00 | 77 227.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.1 % | 16.7 % | 19.3 % | 20.9 % | 16.8 % |
ROE | 36.4 % | 20.9 % | 26.1 % | 26.0 % | 19.4 % |
ROI | 31.1 % | 16.7 % | 19.3 % | 20.9 % | 17.0 % |
Economic value added (EVA) | - 196.32 | -7 255.75 | 4 054.43 | -5 557.76 | -10 909.68 |
Solvency | |||||
Equity ratio | 85.5 % | 73.1 % | 73.9 % | 84.2 % | 82.1 % |
Gearing | 17.0 % | 36.8 % | 35.2 % | 18.8 % | 19.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 0.7 | 1.4 | 2.4 | 2.1 |
Current ratio | 2.4 | 0.7 | 1.4 | 2.4 | 2.1 |
Cash and cash equivalents | 39 700.00 | 19 031.00 | 19 337.00 | 105 990.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
Variable visualization
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