IAI HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IAI HOLDING A/S
IAI HOLDING A/S (CVR number: 27290485) is a company from KERTEMINDE. The company reported a net sales of 1420 mDKK in 2023, demonstrating a decline of -22.3 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 72 mDKK), while net earnings were 51.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IAI HOLDING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 110.00 | 1 281.00 | 1 826.00 | 1 827.78 | 1 419.98 |
Gross profit | 379.00 | 446.00 | 565.00 | 532.99 | 508.93 |
EBIT | 54.00 | 83.00 | 156.00 | 103.13 | 72.05 |
Net earnings | 37.00 | 60.00 | 117.00 | 55.38 | 51.51 |
Shareholders equity total | 354.00 | 409.00 | 525.00 | 570.71 | 548.75 |
Balance sheet total (assets) | 830.00 | 1 012.00 | 1 202.00 | 1 333.12 | 1 254.07 |
Net debt | - 122.41 | 273.76 | |||
Profitability | |||||
EBIT-% | 4.9 % | 6.5 % | 8.5 % | 5.6 % | 5.1 % |
ROA | 6.4 % | 9.0 % | 14.1 % | 8.5 % | 6.0 % |
ROE | 10.9 % | 15.7 % | 25.1 % | 10.1 % | 9.2 % |
ROI | 7.7 % | 9.0 % | 14.1 % | 10.9 % | 9.0 % |
Economic value added (EVA) | 31.90 | 65.21 | 135.45 | 32.70 | 33.04 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.8 % | 43.8 % |
Gearing | 19.9 % | 50.0 % | |||
Relative net indebtedness % | 27.3 % | 46.7 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 0.7 | |||
Current ratio | 1.6 | 1.5 | |||
Cash and cash equivalents | 236.09 | 0.62 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.2 | 87.9 | |||
Net working capital % | 20.2 % | 18.7 % | |||
Credit risk | |||||
Credit rating | A | A | A | AA | AAA |
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