AO IKAST ApS — Credit Rating and Financial Key Figures

CVR number: 33874596
Givskovvej 4, 7430 Ikast

Company information

Official name
AO IKAST ApS
Established
2011
Company form
Private limited company
Industry

About AO IKAST ApS

AO IKAST ApS (CVR number: 33874596) is a company from IKAST-BRANDE. The company recorded a gross profit of -4.8 kDKK in 2023. The operating profit was -4.8 kDKK, while net earnings were 132.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AO IKAST ApS's liquidity measured by quick ratio was 6 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-7.09-3.46-3.64-3.81-4.78
EBIT-7.09-3.46-3.64-3.81-4.78
Net earnings29.681 169.21373.23555.04132.44
Shareholders equity total158.961 328.171 644.902 142.742 216.28
Balance sheet total (assets)7 678.907 346.177 708.567 704.537 759.61
Net debt- 168.48- 180.76- 208.56- 187.72- 241.67
Profitability
EBIT-%
ROA0.7 %15.6 %6.7 %7.8 %2.4 %
ROE19.0 %157.2 %25.1 %29.3 %6.1 %
ROI0.7 %15.6 %6.7 %12.2 %8.4 %
Economic value added (EVA)-7.34374.55298.07301.70274.91
Solvency
Equity ratio2.1 %18.1 %21.3 %27.8 %28.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.510.158.23.36.0
Current ratio8.510.158.23.36.0
Cash and cash equivalents168.48180.76208.56187.72241.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.36%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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