Credit rating
Company information
About IKANO PROPERTY FE A/S
IKANO PROPERTY FE A/S (CVR number: 25327896) is a company from GLOSTRUP. The company recorded a gross profit of -283.2 kDKK in 2023. The operating profit was -283.2 kDKK, while net earnings were -221.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IKANO PROPERTY FE A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 110.90 | - 118.42 | - 170.92 | - 139.13 | - 283.22 |
EBIT | - 110.90 | - 118.42 | - 170.92 | - 139.13 | - 283.22 |
Net earnings | 41 877.92 | 25 516.17 | - 135.64 | - 110.22 | - 221.69 |
Shareholders equity total | 574 533.58 | 540 239.38 | 43 360.06 | 43 249.84 | 43 028.15 |
Balance sheet total (assets) | 574 826.51 | 540 698.77 | 43 990.38 | 44 019.28 | 44 080.81 |
Net debt | - 574 611.53 | - 540 318.87 | 252.93 | 315.98 | 520.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.7 % | 4.6 % | -0.1 % | -0.3 % | -0.6 % |
ROE | 7.7 % | 4.6 % | -0.0 % | -0.3 % | -0.5 % |
ROI | 7.7 % | 4.6 % | -0.1 % | -0.3 % | -0.6 % |
Economic value added (EVA) | 23 698.52 | 26 599.30 | 24 849.94 | -78.77 | - 183.81 |
Solvency | |||||
Equity ratio | 99.9 % | 99.9 % | 98.6 % | 98.3 % | 97.6 % |
Gearing | 0.0 % | 0.1 % | 1.2 % | 1.5 % | 2.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1 962.4 | 1 177.0 | 0.5 | 0.4 | 0.3 |
Current ratio | 1 962.4 | 1 177.0 | 0.5 | 0.4 | 0.3 |
Cash and cash equivalents | 574 801.42 | 540 673.69 | 287.39 | 323.46 | 353.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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