TEX INVEST. IKAST A/S — Credit Rating and Financial Key Figures

CVR number: 14358692
Ternevej 84, 7430 Ikast

Company information

Official name
TEX INVEST. IKAST A/S
Personnel
1 person
Established
1989
Company form
Limited company
Industry

About TEX INVEST. IKAST A/S

TEX INVEST. IKAST A/S (CVR number: 14358692) is a company from IKAST-BRANDE. The company recorded a gross profit of -111.5 kDKK in 2023. The operating profit was -415.5 kDKK, while net earnings were 1183.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEX INVEST. IKAST A/S's liquidity measured by quick ratio was 11.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-72.95-74.25-88.67- 121.05- 111.51
EBIT- 351.53- 377.99- 392.54- 425.04- 415.53
Net earnings3 272.71298.162 295.44-3 047.811 183.06
Shareholders equity total30 690.2929 688.4530 983.8925 936.0724 619.14
Balance sheet total (assets)30 979.7831 234.7231 574.0227 472.2026 609.57
Net debt-20 036.30-17 705.50-19 283.61-13 526.93-14 036.43
Profitability
EBIT-%
ROA12.5 %5.2 %9.9 %0.3 %4.8 %
ROE10.9 %1.0 %7.6 %-10.7 %4.7 %
ROI12.6 %5.3 %10.0 %0.3 %4.8 %
Economic value added (EVA)- 835.29- 743.17- 751.32- 923.91- 880.29
Solvency
Equity ratio99.1 %95.0 %98.1 %94.4 %92.5 %
Gearing0.0 %5.0 %5.8 %7.9 %
Relative net indebtedness %
Liquidity
Quick ratio94.817.446.015.111.3
Current ratio94.817.446.015.111.3
Cash and cash equivalents20 037.9219 185.0519 283.6115 023.6615 975.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.83%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.5%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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