Danoffice IT Solutions & Services A/S — Credit Rating and Financial Key Figures

CVR number: 32550991
Englandsvej 14, Tved 5700 Svendborg
info@conecto.dk
tel: 33363738
www.conecto.dk

Company information

Official name
Danoffice IT Solutions & Services A/S
Personnel
53 persons
Established
2009
Domicile
Tved
Company form
Limited company
Industry

About Danoffice IT Solutions & Services A/S

Danoffice IT Solutions & Services A/S (CVR number: 32550991) is a company from SVENDBORG. The company recorded a gross profit of 37.2 mDKK in 2024. The operating profit was -6280.9 kDKK, while net earnings were -5013.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.7 %, which can be considered poor and Return on Equity (ROE) was -79.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Danoffice IT Solutions & Services A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales92 039.53
Gross profit28 754.6235 436.4347 320.1548 907.2837 195.60
EBIT4 177.245 175.6710 044.758 365.06-6 280.86
Net earnings3 229.633 949.117 580.016 391.68-5 013.95
Shareholders equity total2 460.264 809.369 927.818 781.063 767.11
Balance sheet total (assets)33 131.3232 976.7456 548.1143 289.9938 714.01
Net debt-5 574.94-9 941.53-6 794.80-10 149.3515 783.62
Profitability
EBIT-%5.6 %
ROA14.7 %15.7 %22.5 %17.3 %-14.7 %
ROE24.5 %108.6 %102.9 %68.3 %-79.9 %
ROI111.7 %83.6 %111.8 %89.5 %-37.8 %
Economic value added (EVA)3 173.433 891.137 421.295 921.93-5 370.92
Solvency
Equity ratio7.4 %14.6 %19.0 %21.6 %10.2 %
Gearing3.6 %59.1 %0.7 %1.5 %505.1 %
Relative net indebtedness %16.6 %
Liquidity
Quick ratio1.11.11.31.31.1
Current ratio1.11.11.21.21.1
Cash and cash equivalents5 664.6412 784.506 860.5410 281.103 242.51
Capital use efficiency
Trade debtors turnover (days)73.5
Net working capital %4.0 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-14.7%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.2%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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