IB ANDRESEN INDUSTRI A/S — Credit Rating and Financial Key Figures

CVR number: 35745114
Industrivej 12, 5550 Langeskov
iai@iai.dk
tel: 63382000

Credit rating

Company information

Official name
IB ANDRESEN INDUSTRI A/S
Personnel
641 persons
Established
1971
Company form
Limited company
Industry

About IB ANDRESEN INDUSTRI A/S

IB ANDRESEN INDUSTRI A/S (CVR number: 35745114) is a company from KERTEMINDE. The company reported a net sales of 696.3 mDKK in 2024, demonstrating a decline of -41.4 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 44 mDKK), while net earnings were 33.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. IB ANDRESEN INDUSTRI A/S's liquidity measured by quick ratio was 1.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 076.001 514.001 517.001 187.27696.33
Gross profit402.00508.00488.00481.10254.44
EBIT99.00171.00140.0085.0343.98
Net earnings74.00130.00109.0068.4433.41
Shareholders equity total419.00554.00663.00654.84689.00
Balance sheet total (assets)962.001 131.001 280.001 145.581 094.67
Net debt109.22103.78
Profitability
EBIT-%9.2 %11.3 %9.2 %7.2 %6.3 %
ROA11.4 %16.3 %11.6 %7.8 %4.1 %
ROE19.2 %26.7 %17.9 %10.4 %5.0 %
ROI11.4 %16.3 %11.6 %8.8 %5.2 %
Economic value added (EVA)81.41149.95112.1633.12-9.74
Solvency
Equity ratio100.0 %100.0 %100.0 %57.2 %62.9 %
Gearing16.7 %15.1 %
Relative net indebtedness %37.7 %51.9 %
Liquidity
Quick ratio1.21.7
Current ratio2.33.1
Cash and cash equivalents0.020.04
Capital use efficiency
Trade debtors turnover (days)83.7156.2
Net working capital %32.4 %61.9 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:4.14%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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