IKASTOF HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 89943019
Kiderisvej 16, Lind 7400 Herning

Company information

Official name
IKASTOF HOLDING A/S
Established
1984
Domicile
Lind
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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- 202.7136.07115.23
Shareholders equity total7 570.727 386.057 068.956 987.226 102.45
Balance sheet total (assets)7 658.817 509.907 083.407 120.176 335.14
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 ratio98.8 %98.4 %99.8 %98.1 %96.3 %
Gearing1.1 %0.0 %1.3 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio86.960.6490.253.627.2
Current ratio86.960.6490.253.627.2
Cash and cash equivalents7 585.827 405.116 944.217 017.986 335.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.89%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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