IPNord A/S — Credit Rating and Financial Key Figures

CVR number: 37323276
O.J. Steinckes Vej 14, 9900 Frederikshavn
tel: 70150005
ipnord.dk

Credit rating

Company information

Official name
IPNord A/S
Personnel
6 persons
Established
2015
Company form
Limited company
Industry

About IPNord A/S

IPNord A/S (CVR number: 37323276) is a company from FREDERIKSHAVN. The company recorded a gross profit of 4023.2 kDKK in 2023. The operating profit was 724.2 kDKK, while net earnings were 272 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IPNord A/S's liquidity measured by quick ratio was 0.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 726.962 707.593 662.314 433.054 023.20
EBIT289.82423.52892.281 251.23724.23
Net earnings204.42300.45667.56957.25272.00
Shareholders equity total640.92941.371 608.931 957.251 271.99
Balance sheet total (assets)3 468.324 018.115 485.065 856.116 810.87
Net debt1 519.451 085.27879.231 102.022 302.94
Profitability
EBIT-%
ROA13.0 %11.3 %18.8 %22.4 %11.4 %
ROE37.9 %38.0 %52.4 %53.7 %16.8 %
ROI21.1 %19.2 %33.8 %39.5 %20.4 %
Economic value added (EVA)212.66239.05621.10855.76411.16
Solvency
Equity ratio18.5 %23.4 %29.3 %33.4 %18.7 %
Gearing237.1 %137.2 %87.8 %72.4 %190.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.91.20.90.9
Current ratio1.31.21.61.31.1
Cash and cash equivalents206.67532.82314.77125.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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