Indorama Ventures Denmark Holdings A/S — Credit Rating and Financial Key Figures

CVR number: 18144085
Engdraget 22, 6800 Varde
tel: 79942200

Credit rating

Company information

Official name
Indorama Ventures Denmark Holdings A/S
Established
1994
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings11 810.00-5 259.00-1 425.00-5 823.00
Shareholders equity total163 348.00164 365.00160 410.00154 587.00
Balance sheet total (assets)163 364.00165 673.00160 930.00155 950.00
Net debt
Profitability
EBIT-%
ROA9.6 %-2.4 %2.2 %3.9 %
ROE7.5 %-3.2 %-0.9 %-3.7 %
ROI9.6 %-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 ratio100.0 %99.2 %99.7 %99.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6 991.993.7237.694.8
Current ratio6 991.993.7237.694.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:3.86%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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