IKAST-BRANDE SPILDEVAND A/S — Credit Rating and Financial Key Figures

CVR number: 32647723
Europavej 2, 7430 Ikast

Company information

Official name
IKAST-BRANDE SPILDEVAND A/S
Personnel
32 persons
Established
2009
Company form
Limited company
Industry

About IKAST-BRANDE SPILDEVAND A/S

IKAST-BRANDE SPILDEVAND A/S (CVR number: 32647723) is a company from IKAST-BRANDE. The company reported a net sales of 54.1 mDKK in 2024, demonstrating a decline of -26.7 % compared to the previous year. The operating profit percentage was poor at -11.3 % (EBIT: -6.1 mDKK), while net earnings were 173 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor but Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IKAST-BRANDE SPILDEVAND A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales63.1467.4383.8173.8654.12
Gross profit16.0719.3939.0020.364.25
EBIT11.1314.4731.3410.98-6.12
Net earnings11.2113.8828.7511.180.17
Shareholders equity total871.01885.38915.53926.46926.51
Balance sheet total (assets)951.87960.16979.78987.371 008.41
Net debt16.7613.761.276.7510.85
Profitability
EBIT-%17.6 %21.5 %37.4 %14.9 %-11.3 %
ROA1.2 %1.5 %3.3 %1.3 %-0.4 %
ROE1.3 %1.6 %3.2 %1.2 %0.0 %
ROI1.2 %1.6 %3.3 %1.3 %-0.4 %
Economic value added (EVA)-34.38-31.65-15.46-37.59-53.49
Solvency
Equity ratio91.5 %92.2 %93.6 %93.8 %90.7 %
Gearing6.3 %5.6 %5.3 %5.6 %5.9 %
Relative net indebtedness %64.4 %53.6 %17.4 %21.7 %69.8 %
Liquidity
Quick ratio1.41.51.71.51.2
Current ratio1.41.61.61.51.3
Cash and cash equivalents37.8236.1947.1344.8944.13
Capital use efficiency
Trade debtors turnover (days)21.112.16.112.227.2
Net working capital %-28.7 %-24.0 %-26.5 %-31.3 %-53.0 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:-0.43%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chief executive officer
Chairman of the board

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