IGCF HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IGCF HOLDING A/S
IGCF HOLDING A/S (CVR number: 26687896) is a company from SILKEBORG. The company recorded a gross profit of -20.1 kDKK in 2023. The operating profit was -110.1 kDKK, while net earnings were 3907.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor but Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IGCF HOLDING A/S's liquidity measured by quick ratio was 19.2 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 | -19.74 | -29.56 | -19.06 | -16.97 | -20.10 |
EBIT | -57.24 | -92.59 | - 106.03 | -91.97 | - 110.10 |
Net earnings | 870.09 | 135.62 | 1 372.26 | -1 597.47 | 3 907.64 |
Shareholders equity total | 15 513.97 | 14 849.59 | 15 421.85 | 13 324.37 | 16 732.01 |
Balance sheet total (assets) | 15 563.78 | 14 967.71 | 15 878.01 | 13 980.85 | 17 521.53 |
Net debt | -12 548.67 | -12 217.48 | -15 040.73 | -12 896.10 | -14 839.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.4 % | 5.0 % | 13.6 % | 4.5 % | -14.2 % |
ROE | 5.6 % | 0.9 % | 9.1 % | -11.1 % | 26.0 % |
ROI | 5.8 % | 1.1 % | 9.1 % | 4.5 % | 28.8 % |
Economic value added (EVA) | - 833.58 | - 874.13 | - 857.42 | - 888.15 | - 798.05 |
Solvency | |||||
Equity ratio | 99.7 % | 99.2 % | 97.1 % | 95.3 % | 95.5 % |
Gearing | 0.2 % | 0.7 % | 2.7 % | 4.7 % | 1.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 254.2 | 104.7 | 34.1 | 20.8 | 19.2 |
Current ratio | 254.2 | 104.7 | 34.1 | 20.8 | 19.2 |
Cash and cash equivalents | 12 583.74 | 12 320.85 | 15 463.30 | 13 519.12 | 15 121.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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