IDAVANG A/S — Credit Rating and Financial Key Figures

IDAVANG A/S (CVR number: 20956143) is a company from VEJLE. The company recorded a gross profit of 0 kEUR in 2024. The operating profit was -6521 kEUR, while net earnings were 123.9 mEUR. The profitability of the company measured by Return on Assets (ROA) was 47.1 %, which can be considered excellent and Return on Equity (ROE) was 110 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. IDAVANG A/S's liquidity measured by quick ratio was 0.2 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.