INELCO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INELCO A/S
INELCO A/S (CVR number: 25005589) is a company from JAMMERBUGT. The company recorded a gross profit of 89 kDKK in 2023. The operating profit was -321.6 kDKK, while net earnings were 593.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. INELCO A/S's liquidity measured by quick ratio was 2.3 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 | 96.60 | 480.88 | 313.39 | 99.25 | 89.02 |
EBIT | -23.78 | 464.86 | 30.69 | - 306.79 | - 321.63 |
Net earnings | -1 638.02 | -1 143.79 | 871.16 | 1 037.47 | 593.25 |
Shareholders equity total | 490.27 | 400.04 | 2 271.20 | 3 308.67 | 3 901.93 |
Balance sheet total (assets) | 10 726.24 | 9 153.73 | 9 840.51 | 12 223.00 | 13 674.17 |
Net debt | 9 875.56 | 8 032.74 | 7 201.71 | 8 313.29 | 9 176.58 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.5 % | -1.2 % | 12.4 % | 14.4 % | 10.9 % |
ROE | -109.4 % | -256.9 % | 65.2 % | 37.2 % | 16.5 % |
ROI | -12.8 % | -1.2 % | 13.1 % | 15.0 % | 11.2 % |
Economic value added (EVA) | - 106.64 | 358.92 | -19.46 | - 402.29 | - 383.13 |
Solvency | |||||
Equity ratio | 60.5 % | 54.4 % | 69.6 % | 63.3 % | 64.2 % |
Gearing | 2014.4 % | 2008.0 % | 318.1 % | 251.5 % | 244.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 2.9 | 4.3 | 2.3 | 2.3 |
Current ratio | 4.3 | 2.9 | 4.3 | 2.3 | 2.3 |
Cash and cash equivalents | 0.42 | 0.02 | 23.33 | 7.39 | 376.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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