IRIS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31889227
Jørgasvej 5, 7120 Vejle Øst

Company information

Official name
IRIS HOLDING ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit35.3837.5733.5020.7427.56
EBIT15.8518.0413.971.208.03
Net earnings214.68357.54120.22143.35305.85
Shareholders equity total3 586.313 888.553 952.274 038.424 285.37
Balance sheet total (assets)4 951.715 364.105 235.345 297.855 540.47
Net debt-1 668.11-2 155.37-2 102.12-2 228.76-2 529.07
Profitability
EBIT-%
ROA6.5 %9.7 %3.8 %4.8 %7.9 %
ROE6.1 %9.6 %3.1 %3.6 %7.3 %
ROI6.6 %9.9 %3.9 %4.8 %8.0 %
Economic value added (EVA)-85.04-80.65-74.52-90.14-82.85
Solvency
Equity ratio72.4 %72.5 %75.5 %76.2 %77.3 %
Gearing36.4 %32.9 %31.2 %29.6 %27.0 %
Relative net indebtedness %
Liquidity
Quick ratio63.525.247.140.848.5
Current ratio63.525.247.140.848.5
Cash and cash equivalents2 973.943 433.313 333.833 422.633 684.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:7.89%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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