DANFOSS REDAN A/S — Credit Rating and Financial Key Figures

CVR number: 78199113
Hårupvænget 11, 8600 Silkeborg
redan@danfoss.com
tel: 87438944

Credit rating

Company information

Official name
DANFOSS REDAN A/S
Personnel
88 persons
Established
1985
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DANFOSS REDAN A/S

DANFOSS REDAN A/S (CVR number: 78199113) is a company from SILKEBORG. The company recorded a gross profit of 62.1 mDKK in 2023. The operating profit was 40.7 mDKK, while net earnings were 31.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 45.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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. DANFOSS REDAN A/S's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit44 924.0063 063.0059 354.0087 940.0062 095.00
EBIT21 156.0042 645.0039 224.0064 351.0040 674.00
Net earnings16 481.0033 162.0029 902.0050 085.0031 054.00
Shareholders equity total33 750.0066 912.0042 914.0073 609.0064 023.00
Balance sheet total (assets)74 275.00112 343.00122 850.00152 992.00133 558.00
Net debt2 358.006 074.0019 584.0010 334.0027 422.00
Profitability
EBIT-%
ROA27.0 %45.9 %33.4 %46.7 %28.4 %
ROE46.4 %65.9 %54.5 %86.0 %45.1 %
ROI49.0 %71.6 %51.3 %74.8 %40.1 %
Economic value added (EVA)14 619.9331 366.0526 670.6048 040.1227 959.93
Solvency
Equity ratio45.4 %59.6 %34.9 %48.1 %47.9 %
Gearing7.0 %9.1 %45.6 %14.0 %42.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.60.50.70.6
Current ratio1.82.31.31.71.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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