iConomy A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About iConomy A/S
iConomy A/S (CVR number: 10978181) is a company from MIDDELFART. The company recorded a gross profit of 356.2 kDKK in 2024. The operating profit was -228.8 kDKK, while net earnings were -150.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.1 %, which can be considered poor and Return on Equity (ROE) was -18.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.5 %, 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. iConomy A/S's liquidity measured by quick ratio was 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 913.50 | 620.14 | 638.66 | 537.75 | 356.17 |
EBIT | 250.48 | 223.59 | -45.18 | 166.44 | - 228.77 |
Net earnings | 230.59 | 205.27 | -9.99 | 153.93 | - 150.47 |
Shareholders equity total | 770.77 | 726.04 | 716.05 | 869.98 | 719.51 |
Balance sheet total (assets) | 1 294.91 | 1 026.17 | 1 057.87 | 1 308.47 | 1 082.07 |
Net debt | -60.51 | -83.49 | -48.78 | - 226.83 | - 110.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.3 % | 22.9 % | -1.1 % | 16.7 % | -16.1 % |
ROE | 25.5 % | 27.4 % | -1.4 % | 19.4 % | -18.9 % |
ROI | 33.6 % | 35.3 % | -1.7 % | 24.9 % | -24.3 % |
Economic value added (EVA) | 143.04 | 135.18 | -71.85 | 93.84 | - 222.16 |
Solvency | |||||
Equity ratio | 59.5 % | 70.8 % | 67.7 % | 66.5 % | 66.5 % |
Gearing | 1.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 3.4 | 3.1 | 3.0 | 3.0 |
Current ratio | 2.5 | 3.4 | 3.1 | 3.0 | 3.0 |
Cash and cash equivalents | 68.58 | 83.49 | 48.78 | 226.83 | 110.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
Variable visualization
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