INCASE NORDIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INCASE NORDIC ApS
INCASE NORDIC ApS (CVR number: 36550317) is a company from TÅRNBY. The company reported a net sales of 32.8 mDKK in 2024, demonstrating a decline of -44.2 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 3.4 mDKK), while net earnings were 3272.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 77.2 %, 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. INCASE NORDIC ApS's liquidity measured by quick ratio was 1.2 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 | 50.24 | 58.99 | 73.00 | 58.79 | 32.82 |
Gross profit | 4.23 | 4.79 | 11.05 | 8.85 | 7.88 |
EBIT | 0.86 | 1.27 | 6.48 | 4.75 | 3.38 |
Net earnings | 0.65 | 0.96 | 4.96 | 3.72 | 3.27 |
Shareholders equity total | 1.21 | 1.87 | 6.83 | 4.55 | 3.93 |
Balance sheet total (assets) | 9.55 | 15.10 | 21.71 | 18.95 | 19.57 |
Net debt | -5.45 | -3.74 | -7.12 | -17.87 | -17.42 |
Profitability | |||||
EBIT-% | 1.7 % | 2.2 % | 8.9 % | 8.1 % | 10.3 % |
ROA | 12.8 % | 10.3 % | 35.3 % | 23.7 % | 22.2 % |
ROE | 66.4 % | 62.4 % | 114.0 % | 65.3 % | 77.2 % |
ROI | 46.7 % | 39.8 % | 74.5 % | 52.0 % | 96.1 % |
Economic value added (EVA) | 0.65 | 1.21 | 5.14 | 3.81 | 3.31 |
Solvency | |||||
Equity ratio | 12.7 % | 12.4 % | 31.5 % | 24.0 % | 20.1 % |
Gearing | 26.0 % | 22.0 % | 26.4 % | 4.9 % | 4.4 % |
Relative net indebtedness % | 5.1 % | 15.4 % | 8.2 % | -6.3 % | -5.9 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 2.2 | 1.7 | 1.2 |
Current ratio | 1.3 | 1.3 | 2.2 | 1.7 | 1.2 |
Cash and cash equivalents | 5.77 | 4.15 | 8.93 | 18.10 | 17.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.1 | 65.0 | 43.0 | 3.4 | 21.0 |
Net working capital % | 4.9 % | 5.3 % | 16.0 % | 12.6 % | 11.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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