IKAST JERN & STÅL A/S — Credit Rating and Financial Key Figures

CVR number: 16628182
Nygade 95 B, 7430 Ikast
tel: 97155700
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Company information

Official name
IKAST JERN & STÅL A/S
Personnel
5 persons
Established
1992
Company form
Limited company
Industry

About IKAST JERN & STÅL A/S

IKAST JERN & STÅL A/S (CVR number: 16628182) is a company from IKAST-BRANDE. The company recorded a gross profit of 1971.4 kDKK in 2024. The operating profit was 585.5 kDKK, while net earnings were 444.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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. IKAST JERN & STÅL A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 213.582 635.132 450.062 314.231 971.38
EBIT764.00871.45791.12716.56585.47
Net earnings573.63679.32630.56552.24444.36
Shareholders equity total2 802.413 368.733 884.884 319.324 641.68
Balance sheet total (assets)5 568.775 177.925 132.186 167.266 781.11
Net debt789.05- 148.36- 131.1215.04333.78
Profitability
EBIT-%
ROA14.1 %16.5 %15.8 %12.8 %9.2 %
ROE22.3 %22.0 %17.4 %13.5 %9.9 %
ROI20.9 %25.4 %22.3 %17.3 %12.5 %
Economic value added (EVA)407.70497.75446.16360.47232.40
Solvency
Equity ratio50.3 %65.1 %75.7 %70.0 %68.5 %
Gearing28.7 %1.4 %7.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.90.81.01.0
Current ratio2.02.84.03.23.0
Cash and cash equivalents14.10148.36131.1244.5531.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.19%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.5%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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