IRIS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IRIS HOLDING ApS
IRIS HOLDING ApS (CVR number: 31889227) is a company from VEJLE. The company recorded a gross profit of 27.6 kDKK in 2023. The operating profit was 8 kDKK, while net earnings were 305.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. IRIS HOLDING ApS's liquidity measured by quick ratio was 48.5 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 | 35.38 | 37.57 | 33.50 | 20.74 | 27.56 |
EBIT | 15.85 | 18.04 | 13.97 | 1.20 | 8.03 |
Net earnings | 214.68 | 357.54 | 120.22 | 143.35 | 305.85 |
Shareholders equity total | 3 586.31 | 3 888.55 | 3 952.27 | 4 038.42 | 4 285.37 |
Balance sheet total (assets) | 4 951.71 | 5 364.10 | 5 235.34 | 5 297.85 | 5 540.47 |
Net debt | -1 668.11 | -2 155.37 | -2 102.12 | -2 228.76 | -2 529.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 9.7 % | 3.8 % | 4.8 % | 7.9 % |
ROE | 6.1 % | 9.6 % | 3.1 % | 3.6 % | 7.3 % |
ROI | 6.6 % | 9.9 % | 3.9 % | 4.8 % | 8.0 % |
Economic value added (EVA) | -85.04 | -80.65 | -74.52 | -90.14 | -82.85 |
Solvency | |||||
Equity ratio | 72.4 % | 72.5 % | 75.5 % | 76.2 % | 77.3 % |
Gearing | 36.4 % | 32.9 % | 31.2 % | 29.6 % | 27.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 63.5 | 25.2 | 47.1 | 40.8 | 48.5 |
Current ratio | 63.5 | 25.2 | 47.1 | 40.8 | 48.5 |
Cash and cash equivalents | 2 973.94 | 3 433.31 | 3 333.83 | 3 422.63 | 3 684.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
Variable visualization
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