IDAVANG A/S — Credit Rating and Financial Key Figures

IDAVANG A/S (CVR number: 20956143K) is a company from VEJLE. The company reported a net sales of 684 mEUR in 2024, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was at 20.5 % (EBIT: 140.1 mEUR), while net earnings were 62 mEUR. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, 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 46.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IDAVANG A/S's liquidity measured by quick ratio was 2.5 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.