Indorama Ventures Denmark Holdings A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Indorama Ventures Denmark Holdings A/S
Indorama Ventures Denmark Holdings A/S (CVR number: 18144085) is a company from VARDE. The company recorded a gross profit of -22 kDKK in 2024. The operating profit was -22 kDKK, while net earnings were -5823 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Indorama Ventures Denmark Holdings A/S's liquidity measured by quick ratio was 94.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -29.00 | -25.00 | -22.00 | ||
EBIT | -23.00 | -29.00 | -25.00 | -22.00 | |
Net earnings | 11 810.00 | -5 259.00 | -1 425.00 | -5 823.00 | |
Shareholders equity total | 163 348.00 | 164 365.00 | 160 410.00 | 154 587.00 | |
Balance sheet total (assets) | 163 364.00 | 165 673.00 | 160 930.00 | 155 950.00 | |
Net debt | |||||
Profitability | |||||
EBIT-% | |||||
ROA | 9.6 % | -2.4 % | 2.2 % | 3.9 % | |
ROE | 7.5 % | -3.2 % | -0.9 % | -3.7 % | |
ROI | 9.6 % | -2.4 % | 2.2 % | 3.9 % | |
Economic value added (EVA) | -7 702.78 | -8 208.24 | -22.62 | -8 277.09 | -8 089.22 |
Solvency | |||||
Equity ratio | 100.0 % | 99.2 % | 99.7 % | 99.1 % | |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6 991.9 | 93.7 | 237.6 | 94.8 | |
Current ratio | 6 991.9 | 93.7 | 237.6 | 94.8 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB |
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