IKASTOF HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IKASTOF HOLDING A/S
IKASTOF HOLDING A/S (CVR number: 89943019) is a company from HERNING. The company recorded a gross profit of -9.7 kDKK in 2024. The operating profit was -9.7 kDKK, while net earnings were 115.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IKASTOF HOLDING A/S's liquidity measured by quick ratio was 27.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.51 | -17.46 | -38.77 | -13.43 | -9.69 |
EBIT | -14.51 | -17.46 | -38.77 | -13.43 | -9.69 |
Net earnings | -73.16 | -74.07 | - 202.71 | 36.07 | 115.23 |
Shareholders equity total | 7 570.72 | 7 386.05 | 7 068.95 | 6 987.22 | 6 102.45 |
Balance sheet total (assets) | 7 658.81 | 7 509.90 | 7 083.40 | 7 120.17 | 6 335.14 |
Net debt | -7 585.82 | -7 325.96 | -6 940.84 | -6 928.62 | -6 112.45 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | -0.2 % | 4.6 % | 0.5 % | 1.9 % |
ROE | -1.0 % | -1.0 % | -2.8 % | 0.5 % | 1.8 % |
ROI | -0.2 % | -0.2 % | 4.6 % | 0.5 % | 1.9 % |
Economic value added (EVA) | -3.72 | -16.70 | -37.81 | -19.70 | -7.59 |
Solvency | |||||
Equity ratio | 98.8 % | 98.4 % | 99.8 % | 98.1 % | 96.3 % |
Gearing | 1.1 % | 0.0 % | 1.3 % | 3.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 86.9 | 60.6 | 490.2 | 53.6 | 27.2 |
Current ratio | 86.9 | 60.6 | 490.2 | 53.6 | 27.2 |
Cash and cash equivalents | 7 585.82 | 7 405.11 | 6 944.21 | 7 017.98 | 6 335.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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