IC Nordics A/S — Credit Rating and Financial Key Figures

CVR number: 20950137
Roholmsvej 19, 2620 Albertslund

Credit rating

Company information

Official name
IC Nordics A/S
Personnel
6 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About IC Nordics A/S

IC Nordics A/S (CVR number: 20950137) is a company from ALBERTSLUND. The company recorded a gross profit of 17.4 mDKK in 2023. The operating profit was 11.4 mDKK, while net earnings were 8958.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. IC Nordics A/S's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 788.0414 696.0613 600.3412 613.3217 353.40
EBIT8 843.319 770.977 506.756 054.9111 445.55
Net earnings6 895.727 619.905 829.354 390.318 958.86
Shareholders equity total40 650.1645 020.0635 849.4134 659.7239 893.57
Balance sheet total (assets)85 312.1254 952.48173 192.42114 541.43198 834.44
Net debt22 065.66-4 998.24119 665.9373 478.43150 769.15
Profitability
EBIT-%
ROA9.4 %13.9 %6.6 %4.2 %7.3 %
ROE16.8 %17.8 %14.4 %12.5 %24.0 %
ROI10.3 %15.7 %7.0 %4.4 %7.6 %
Economic value added (EVA)4 993.356 393.353 828.463 272.497 217.21
Solvency
Equity ratio47.6 %81.9 %20.7 %30.3 %20.1 %
Gearing94.2 %0.5 %371.8 %212.0 %377.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.95.51.31.41.3
Current ratio1.95.51.31.41.3
Cash and cash equivalents16 241.165 201.3013 604.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:7.30%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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