ICEPOWER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ICEPOWER A/S
ICEPOWER A/S (CVR number: 25053591) is a company from GLADSAXE. The company recorded a gross profit of 68.6 mDKK in 2024. The operating profit was -34.4 mDKK, while net earnings were -29.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -18 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. ICEPOWER A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 67 980.00 | 112 456.00 | 136 997.00 | 98 505.00 | 68 578.00 |
EBIT | 4 555.00 | 39 079.00 | 53 649.00 | -4 624.00 | -34 356.00 |
Net earnings | 8 657.00 | 27 349.00 | 32 805.00 | -9 934.00 | -29 706.00 |
Shareholders equity total | 55 181.00 | 68 319.00 | 105 360.00 | 136 902.00 | 192 625.00 |
Balance sheet total (assets) | 122 157.00 | 153 474.00 | 228 072.00 | 239 681.00 | 272 289.00 |
Net debt | 19 589.00 | 4 605.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | 28.4 % | 28.1 % | -1.1 % | -12.8 % |
ROE | 16.0 % | 44.3 % | 37.8 % | -8.2 % | -18.0 % |
ROI | 3.8 % | 28.4 % | 28.1 % | -1.3 % | -16.2 % |
Economic value added (EVA) | 1 905.57 | 36 306.15 | 50 215.97 | -8 806.04 | -35 018.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 57.1 % | 70.7 % |
Gearing | 14.6 % | 3.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | |||
Current ratio | 1.1 | 1.6 | |||
Cash and cash equivalents | 404.00 | 2 013.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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