IKADAN PLAST A/S — Credit Rating and Financial Key Figures

CVR number: 15242671
Højris Alle 89, 7430 Ikast
ikadan@ikadan.dk

Company information

Official name
IKADAN PLAST A/S
Personnel
2 persons
Established
1991
Company form
Limited company
Industry

About IKADAN PLAST A/S

IKADAN PLAST A/S (CVR number: 15242671) is a company from IKAST-BRANDE. The company recorded a gross profit of 6821.5 kDKK in 2024. The operating profit was 5442.7 kDKK, while net earnings were 4727.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IKADAN PLAST A/S's liquidity measured by quick ratio was 8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 194.707 297.345 828.497 039.956 821.50
EBIT5 383.484 187.443 250.404 765.775 442.66
Net earnings4 179.903 249.072 528.933 936.114 727.90
Shareholders equity total21 619.8519 868.9222 397.8426 333.9526 061.84
Balance sheet total (assets)26 707.6823 575.4526 676.9731 823.5530 565.06
Net debt-11 284.64-7 693.13-16 911.83-19 002.72-19 237.58
Profitability
EBIT-%
ROA21.9 %16.9 %13.2 %17.3 %19.5 %
ROE21.4 %15.7 %12.0 %16.2 %18.0 %
ROI25.8 %19.4 %15.0 %19.0 %21.2 %
Economic value added (EVA)3 707.362 823.131 926.973 525.324 014.39
Solvency
Equity ratio80.9 %84.3 %84.0 %82.7 %85.3 %
Gearing6.6 %7.2 %10.2 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.04.46.36.38.0
Current ratio5.05.97.57.29.4
Cash and cash equivalents12 716.967 693.1318 528.9421 695.6521 422.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.3%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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