IVECO DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 56577815
Roholmsvej 19, 2620 Albertslund
tel: 44570571

Credit rating

Company information

Official name
IVECO DANMARK A/S
Personnel
97 persons
Established
1976
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About IVECO DANMARK A/S

IVECO DANMARK A/S (CVR number: 56577815) is a company from ALBERTSLUND. The company reported a net sales of 559.1 mDKK in 2023, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 22.9 mDKK), while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. IVECO DANMARK A/S's liquidity measured by quick ratio was 2.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales484.61466.37531.98528.14559.15
Gross profit112.70125.25104.80108.41121.16
EBIT13.0814.9415.7817.7822.93
Net earnings14.069.64-0.539.1614.79
Shareholders equity total106.90116.54116.01125.17139.96
Balance sheet total (assets)411.23322.55407.20345.50324.43
Net debt159.2541.18115.1449.4533.39
Profitability
EBIT-%2.7 %3.2 %3.0 %3.4 %4.1 %
ROA2.8 %4.2 %4.4 %5.1 %8.7 %
ROE14.1 %8.6 %-0.5 %7.6 %11.2 %
ROI3.3 %5.2 %5.9 %7.1 %12.7 %
Economic value added (EVA)14.067.245.377.7610.59
Solvency
Equity ratio26.0 %36.1 %28.5 %36.2 %43.1 %
Gearing152.8 %35.6 %99.6 %40.2 %25.2 %
Relative net indebtedness %50.3 %32.4 %44.9 %31.7 %22.4 %
Liquidity
Quick ratio0.61.61.72.12.2
Current ratio1.22.21.82.32.6
Cash and cash equivalents4.130.320.450.831.86
Capital use efficiency
Trade debtors turnover (days)3.66.12.70.65.5
Net working capital %9.4 %28.6 %26.3 %28.4 %28.6 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:8.72%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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