TEX INVEST. IKAST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 3 272.71 | 298.16 | 2 295.44 | -3 047.81 | 1 183.06 |
Shareholders equity total | 30 690.29 | 29 688.45 | 30 983.89 | 25 936.07 | 24 619.14 |
Balance sheet total (assets) | 30 979.78 | 31 234.72 | 31 574.02 | 27 472.20 | 26 609.57 |
Net debt | -20 036.30 | -17 705.50 | -19 283.61 | -13 526.93 | -14 036.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.5 % | 5.2 % | 9.9 % | 0.3 % | 4.8 % |
ROE | 10.9 % | 1.0 % | 7.6 % | -10.7 % | 4.7 % |
ROI | 12.6 % | 5.3 % | 10.0 % | 0.3 % | 4.8 % |
Economic value added (EVA) | - 835.29 | - 743.17 | - 751.32 | - 923.91 | - 880.29 |
Solvency | |||||
Equity ratio | 99.1 % | 95.0 % | 98.1 % | 94.4 % | 92.5 % |
Gearing | 0.0 % | 5.0 % | 5.8 % | 7.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 94.8 | 17.4 | 46.0 | 15.1 | 11.3 |
Current ratio | 94.8 | 17.4 | 46.0 | 15.1 | 11.3 |
Cash and cash equivalents | 20 037.92 | 19 185.05 | 19 283.61 | 15 023.66 | 15 975.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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