I.C.V. A/S — Credit Rating and Financial Key Figures

CVR number: 15247649
Østergade 17, 6800 Varde
ingvardch@gmail.com

Company information

Official name
I.C.V. A/S
Personnel
2 persons
Established
1991
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 129.8890.26- 113.5478.23402.54
EBIT- 820.23- 591.69-1 081.05- 616.61- 533.32
Net earnings1 227.11- 915.38370.72296.86154.41
Shareholders equity total14 688.2414 420.5814 734.8014 974.4615 069.96
Balance sheet total (assets)17 175.6717 435.0915 030.3315 737.8315 787.70
Net debt-6 708.50-4 519.48-7 610.84-7 117.44-7 036.91
Profitability
EBIT-%
ROA7.7 %6.6 %3.5 %6.9 %3.8 %
ROE8.7 %-6.3 %2.5 %2.0 %1.0 %
ROI8.3 %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 ratio85.5 %82.8 %98.0 %95.1 %95.5 %
Gearing9.0 %14.5 %0.7 %3.0 %3.4 %
Relative net indebtedness %
Liquidity
Quick ratio6.92.932.018.416.9
Current ratio6.92.932.018.416.9
Cash and cash equivalents8 023.426 609.137 707.877 564.267 542.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:3.83%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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