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 34.2 kDKK in 2024. The operating profit was 14.7 kDKK, while net earnings were -50.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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 49.6 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 | 37.57 | 33.50 | 20.74 | 27.56 | 34.25 |
| EBIT | 18.04 | 13.97 | 1.20 | 8.03 | 14.71 |
| Net earnings | 357.54 | 120.22 | 143.35 | 305.85 | -50.85 |
| Shareholders equity total | 3 888.55 | 3 952.27 | 4 038.42 | 4 285.37 | 4 173.53 |
| Balance sheet total (assets) | 5 364.10 | 5 235.34 | 5 297.85 | 5 540.47 | 5 321.24 |
| Net debt | -2 155.37 | -2 102.12 | -2 228.76 | -2 529.07 | -2 333.18 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.7 % | 3.8 % | 4.8 % | 7.9 % | 2.5 % |
| ROE | 9.6 % | 3.1 % | 3.6 % | 7.3 % | -1.2 % |
| ROI | 9.9 % | 3.9 % | 4.8 % | 8.0 % | 2.5 % |
| Economic value added (EVA) | - 231.94 | - 249.37 | - 259.56 | - 256.75 | - 260.75 |
| Solvency | |||||
| Equity ratio | 72.5 % | 75.5 % | 76.2 % | 77.3 % | 78.4 % |
| Gearing | 32.9 % | 31.2 % | 29.6 % | 27.0 % | 26.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 25.2 | 47.1 | 40.8 | 48.5 | 49.6 |
| Current ratio | 25.2 | 47.1 | 40.8 | 48.5 | 49.6 |
| Cash and cash equivalents | 3 433.31 | 3 333.83 | 3 422.63 | 3 684.54 | 3 449.72 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | A | BBB |
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