INDITEX Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 24209717
Klosterstræde 1, 1157 København K

Credit rating

Company information

Official name
INDITEX Danmark A/S
Personnel
297 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About INDITEX Danmark A/S

INDITEX Danmark A/S (CVR number: 24209717) is a company from KØBENHAVN. The company reported a net sales of 775.1 mDKK in 2023, demonstrating a growth of 19.9 % compared to the previous year. The operating profit percentage was at 10 % (EBIT: 77.8 mDKK), while net earnings were 58.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 77.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. INDITEX Danmark A/S's liquidity measured by quick ratio was 21.3 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales418.91437.69515.25646.20775.08
Gross profit101.84112.32129.35139.05193.89
EBIT16.200.4522.7726.1877.83
Net earnings11.30-2.6114.5317.2658.38
Shareholders equity total85.5972.4186.9454.5095.62
Balance sheet total (assets)167.79297.52292.46230.53314.11
Net debt3.63-64.75
Profitability
EBIT-%3.9 %0.1 %4.4 %4.1 %10.0 %
ROA8.1 %0.2 %7.7 %10.1 %29.5 %
ROE9.8 %-3.3 %18.2 %24.4 %77.8 %
ROI10.0 %0.2 %7.7 %10.4 %28.9 %
Economic value added (EVA)12.33-3.8519.1316.0158.32
Solvency
Equity ratio100.0 %100.0 %100.0 %33.2 %44.4 %
Gearing20.3 %41.9 %
Relative net indebtedness %14.8 %0.4 %
Liquidity
Quick ratio3.921.3
Current ratio5.823.9
Cash and cash equivalents7.44104.78
Capital use efficiency
Trade debtors turnover (days)0.30.2
Net working capital %6.0 %16.8 %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:29.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.4%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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