IKAST-BRANDE SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 63.14 | 67.43 | 83.81 | 73.86 | 54.12 |
Gross profit | 16.07 | 19.39 | 39.00 | 20.36 | 4.25 |
EBIT | 11.13 | 14.47 | 31.34 | 10.98 | -6.12 |
Net earnings | 11.21 | 13.88 | 28.75 | 11.18 | 0.17 |
Shareholders equity total | 871.01 | 885.38 | 915.53 | 926.46 | 926.51 |
Balance sheet total (assets) | 951.87 | 960.16 | 979.78 | 987.37 | 1 008.41 |
Net debt | 16.76 | 13.76 | 1.27 | 6.75 | 10.85 |
Profitability | |||||
EBIT-% | 17.6 % | 21.5 % | 37.4 % | 14.9 % | -11.3 % |
ROA | 1.2 % | 1.5 % | 3.3 % | 1.3 % | -0.4 % |
ROE | 1.3 % | 1.6 % | 3.2 % | 1.2 % | 0.0 % |
ROI | 1.2 % | 1.6 % | 3.3 % | 1.3 % | -0.4 % |
Economic value added (EVA) | -34.38 | -31.65 | -15.46 | -37.59 | -53.49 |
Solvency | |||||
Equity ratio | 91.5 % | 92.2 % | 93.6 % | 93.8 % | 90.7 % |
Gearing | 6.3 % | 5.6 % | 5.3 % | 5.6 % | 5.9 % |
Relative net indebtedness % | 64.4 % | 53.6 % | 17.4 % | 21.7 % | 69.8 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 1.7 | 1.5 | 1.2 |
Current ratio | 1.4 | 1.6 | 1.6 | 1.5 | 1.3 |
Cash and cash equivalents | 37.82 | 36.19 | 47.13 | 44.89 | 44.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.1 | 12.1 | 6.1 | 12.2 | 27.2 |
Net working capital % | -28.7 % | -24.0 % | -26.5 % | -31.3 % | -53.0 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | A |
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