IRNITH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27651267
Sølgårdvej 32, 9381 Sulsted

Company information

Official name
IRNITH HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About IRNITH HOLDING ApS

IRNITH HOLDING ApS (CVR number: 27651267) is a company from AALBORG. The company reported a net sales of 4.4 mDKK in 2023, demonstrating a growth of 1625.1 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 4.4 mDKK), while net earnings were 4385.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.3 %, which can be considered excellent and Return on Equity (ROE) was 39.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IRNITH HOLDING ApS's liquidity measured by quick ratio was 217.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales427.78- 552.09189.53256.874 431.18
Gross profit401.50- 579.14156.47225.084 402.31
EBIT401.50- 579.14156.47225.084 402.31
Net earnings815.06- 589.72431.64- 369.484 385.20
Shareholders equity total11 005.3910 023.889 837.389 017.9013 235.11
Balance sheet total (assets)11 113.4210 048.429 897.239 042.4413 259.65
Net debt-5 253.54-4 689.86-4 987.90-3 829.93-5 280.75
Profitability
EBIT-%93.9 %82.6 %87.6 %99.3 %
ROA8.7 %-4.4 %5.0 %-3.8 %39.3 %
ROE7.6 %-5.6 %4.3 %-3.9 %39.4 %
ROI8.7 %-4.4 %5.0 %-3.8 %39.4 %
Economic value added (EVA)309.34- 608.08102.45212.724 380.83
Solvency
Equity ratio99.0 %99.8 %99.4 %99.7 %99.8 %
Gearing
Relative net indebtedness %-1202.8 %845.0 %-2600.1 %-1481.5 %-118.6 %
Liquidity
Quick ratio55.0220.788.4170.0217.9
Current ratio55.0220.788.4170.0217.9
Cash and cash equivalents5 253.544 689.864 987.903 829.935 280.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %498.6 %-319.3 %696.0 %346.4 %47.9 %
Credit risk
Credit ratingAABBBAAAA

Variable visualization

ROA:39.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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