I.C.V. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About I.C.V. A/S
I.C.V. A/S (CVR number: 15247649) is a company from VARDE. The company recorded a gross profit of 402.5 kDKK in 2023. The operating profit was -533.3 kDKK, while net earnings were 154.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. I.C.V. A/S's liquidity measured by quick ratio was 16.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 129.88 | 90.26 | - 113.54 | 78.23 | 402.54 |
EBIT | - 820.23 | - 591.69 | -1 081.05 | - 616.61 | - 533.32 |
Net earnings | 1 227.11 | - 915.38 | 370.72 | 296.86 | 154.41 |
Shareholders equity total | 14 688.24 | 14 420.58 | 14 734.80 | 14 974.46 | 15 069.96 |
Balance sheet total (assets) | 17 175.67 | 17 435.09 | 15 030.33 | 15 737.83 | 15 787.70 |
Net debt | -6 708.50 | -4 519.48 | -7 610.84 | -7 117.44 | -7 036.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.7 % | 6.6 % | 3.5 % | 6.9 % | 3.8 % |
ROE | 8.7 % | -6.3 % | 2.5 % | 2.0 % | 1.0 % |
ROI | 8.3 % | 7.0 % | 3.6 % | 7.0 % | 1.0 % |
Economic value added (EVA) | -1 066.43 | - 784.22 | -1 502.92 | - 497.27 | - 408.63 |
Solvency | |||||
Equity ratio | 85.5 % | 82.8 % | 98.0 % | 95.1 % | 95.5 % |
Gearing | 9.0 % | 14.5 % | 0.7 % | 3.0 % | 3.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 2.9 | 32.0 | 18.4 | 16.9 |
Current ratio | 6.9 | 2.9 | 32.0 | 18.4 | 16.9 |
Cash and cash equivalents | 8 023.42 | 6 609.13 | 7 707.87 | 7 564.26 | 7 542.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | AA |
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