IBO HANDEL OG INDUSTRI A/S — Credit Rating and Financial Key Figures

IBO HANDEL OG INDUSTRI A/S (CVR number: 14321993) is a company from AALBORG. The company reported a net sales of 10.6 mDKK in 2023, demonstrating a decline of -23.1 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 0.4 mDKK), while net earnings were 306.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. IBO HANDEL OG INDUSTRI A/S's liquidity measured by quick ratio was 1.9 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.