ITW CONSTRUCTION PRODUCTS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ITW CONSTRUCTION PRODUCTS ApS
ITW CONSTRUCTION PRODUCTS ApS (CVR number: 14395016) is a company from MIDDELFART. The company reported a net sales of 713.4 mDKK in 2023, demonstrating a decline of -19.2 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 52.4 mDKK), while net earnings were 41.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ITW CONSTRUCTION PRODUCTS ApS's liquidity measured by quick ratio was 3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 679.67 | 723.26 | 802.09 | 882.88 | 713.39 |
Gross profit | 147.02 | 168.90 | 175.51 | 169.94 | 158.68 |
EBIT | 34.52 | 56.47 | 54.33 | 58.71 | 52.38 |
Net earnings | 26.60 | 44.60 | 41.23 | 45.47 | 41.16 |
Shareholders equity total | 211.79 | 241.40 | 252.63 | 298.10 | 339.25 |
Balance sheet total (assets) | 285.50 | 339.44 | 395.13 | 416.46 | 415.32 |
Net debt | 8.45 | 8.71 | 55.52 | 35.88 | 6.73 |
Profitability | |||||
EBIT-% | 5.1 % | 7.8 % | 6.8 % | 6.6 % | 7.3 % |
ROA | 11.2 % | 18.4 % | 14.9 % | 14.6 % | 12.8 % |
ROE | 11.5 % | 19.7 % | 16.7 % | 16.5 % | 12.9 % |
ROI | 14.5 % | 24.4 % | 19.6 % | 18.4 % | 15.7 % |
Economic value added (EVA) | 14.29 | 33.37 | 30.06 | 33.02 | 25.80 |
Solvency | |||||
Equity ratio | 74.2 % | 71.1 % | 63.9 % | 71.6 % | 81.7 % |
Gearing | 4.0 % | 3.6 % | 22.0 % | 12.0 % | 2.0 % |
Relative net indebtedness % | 10.8 % | 13.6 % | 17.8 % | 13.4 % | 10.7 % |
Liquidity | |||||
Quick ratio | 2.1 | 2.3 | 1.3 | 1.6 | 3.0 |
Current ratio | 3.3 | 3.3 | 2.5 | 3.0 | 4.4 |
Cash and cash equivalents | 0.01 | 0.01 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 54.3 | 57.0 | 55.9 | 50.7 | 63.4 |
Net working capital % | 24.9 % | 28.8 % | 26.4 % | 27.2 % | 36.3 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AA |
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