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 33.5 kDKK in 2024. The operating profit was -756.3 kDKK, while net earnings were -57 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.2 %, 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 11.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 90.26 | - 113.54 | 78.23 | 402.54 | 33.46 |
EBIT | - 591.69 | -1 081.05 | - 616.61 | - 533.32 | - 756.35 |
Net earnings | - 915.38 | 370.72 | 296.86 | 195.97 | -57.02 |
Shareholders equity total | 14 420.58 | 14 734.80 | 14 974.46 | 14 242.30 | 14 124.28 |
Balance sheet total (assets) | 17 435.09 | 15 030.33 | 15 737.83 | 14 960.04 | 14 988.88 |
Net debt | -4 519.48 | -7 610.84 | -7 117.44 | -7 036.91 | -6 430.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.6 % | 3.5 % | 6.9 % | 4.2 % | 5.2 % |
ROE | -6.3 % | 2.5 % | 2.0 % | 1.3 % | -0.4 % |
ROI | 7.0 % | 3.6 % | 7.0 % | 1.3 % | 5.2 % |
Economic value added (EVA) | -1 383.52 | -2 179.94 | -1 183.09 | -1 192.88 | -1 426.08 |
Solvency | |||||
Equity ratio | 82.8 % | 98.0 % | 95.1 % | 95.2 % | 94.2 % |
Gearing | 14.5 % | 0.7 % | 3.0 % | 3.6 % | 4.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 32.0 | 18.4 | 16.9 | 11.9 |
Current ratio | 2.9 | 32.0 | 18.4 | 16.9 | 11.9 |
Cash and cash equivalents | 6 609.13 | 7 707.87 | 7 564.26 | 7 542.57 | 7 111.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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