INDITEX Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INDITEX Danmark A/S
INDITEX Danmark A/S (CVR number: 24209717) is a company from KØBENHAVN. The company reported a net sales of 848.1 mDKK in 2024, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 10.4 % (EBIT: 87.9 mDKK), while net earnings were 66.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.8 %, which can be considered excellent and Return on Equity (ROE) was 66.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. INDITEX Danmark A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 437.69 | 515.25 | 646.20 | 775.08 | 848.12 |
Gross profit | 112.32 | 129.35 | 139.05 | 193.89 | 201.78 |
EBIT | 0.45 | 22.77 | 26.18 | 77.83 | 87.89 |
Net earnings | -2.61 | 14.53 | 17.26 | 58.38 | 66.39 |
Shareholders equity total | 72.41 | 86.94 | 54.50 | 95.62 | 103.63 |
Balance sheet total (assets) | 314.11 | 259.52 | |||
Net debt | -64.75 | -70.53 | |||
Profitability | |||||
EBIT-% | 0.1 % | 4.4 % | 4.1 % | 10.0 % | 10.4 % |
ROA | 0.5 % | 25.6 % | 31.8 % | ||
ROE | -3.3 % | 9.1 % | 12.2 % | 38.9 % | 66.6 % |
ROI | 0.5 % | 33.8 % | 42.6 % | ||
Economic value added (EVA) | -3.85 | 19.13 | 21.81 | 57.95 | 56.60 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.4 % | 39.9 % |
Gearing | 41.9 % | 3.1 % | |||
Relative net indebtedness % | 13.1 % | 8.3 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | |||
Current ratio | 1.3 | 1.7 | |||
Cash and cash equivalents | 104.78 | 73.72 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.2 | 1.3 | |||
Net working capital % | 4.0 % | 4.9 % | |||
Credit risk | |||||
Credit rating | B | B | B | AA | AA |
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