IKADAN INDUSTRIPLAST ApS — Credit Rating and Financial Key Figures

CVR number: 24225151
Højris Alle 89, 7430 Ikast
ikadan@ikadan.dk

Credit rating

Company information

Official name
IKADAN INDUSTRIPLAST ApS
Personnel
5 persons
Established
1999
Company form
Private limited company
Industry

About IKADAN INDUSTRIPLAST ApS

IKADAN INDUSTRIPLAST ApS (CVR number: 24225151) is a company from IKAST-BRANDE. The company recorded a gross profit of 2185.2 kDKK in 2024. The operating profit was 276.9 kDKK, while net earnings were 221.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 25.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. IKADAN INDUSTRIPLAST ApS's liquidity measured by quick ratio was 3.4 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 profit3 382.662 895.772 395.092 078.802 185.24
EBIT232.08189.5365.76233.58276.94
Net earnings177.11128.4240.97186.22221.42
Shareholders equity total603.76532.65573.62759.31980.68
Balance sheet total (assets)1 541.421 131.891 021.231 185.951 483.26
Net debt- 531.40- 368.61- 127.78- 273.46- 556.68
Profitability
EBIT-%
ROA17.1 %14.7 %6.0 %22.4 %22.0 %
ROE28.8 %22.6 %7.4 %27.9 %25.5 %
ROI36.3 %32.2 %11.2 %35.7 %33.7 %
Economic value added (EVA)161.14139.1843.05162.30191.60
Solvency
Equity ratio39.2 %47.1 %56.2 %64.0 %66.1 %
Gearing14.1 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.12.43.23.4
Current ratio1.72.12.43.23.4
Cash and cash equivalents616.65368.61177.51273.46556.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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