DANGAARD Group A/S — Credit Rating and Financial Key Figures

CVR number: 28328869
Industrivej 8, 6330 Padborg
chh@dangaard.dk
tel: 72303422

Credit rating

Company information

Official name
DANGAARD Group A/S
Personnel
37 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About DANGAARD Group A/S

DANGAARD Group A/S (CVR number: 28328869) is a company from AABENRAA. The company reported a net sales of 873.2 mDKK in 2024, demonstrating a decline of -7.3 % compared to the previous year. The operating profit percentage was at 3.1 % (EBIT: 26.9 mDKK), while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANGAARD Group A/S's liquidity measured by quick ratio was 0.3 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 469.281 412.641 029.01942.17873.20
Gross profit102.65102.5268.7049.9262.13
EBIT53.0255.7328.7713.2326.94
Net earnings47.1950.4124.489.5311.47
Shareholders equity total200.35204.90208.59107.11118.85
Balance sheet total (assets)521.06562.12524.11394.34385.75
Net debt233.97210.93
Profitability
EBIT-%3.6 %3.9 %2.8 %1.4 %3.1 %
ROA11.2 %10.3 %5.3 %3.9 %8.6 %
ROE28.7 %24.9 %11.8 %6.0 %10.1 %
ROI12.9 %10.3 %5.3 %4.1 %9.9 %
Economic value added (EVA)52.7045.6618.47-0.2518.35
Solvency
Equity ratio100.0 %100.0 %99.2 %27.5 %30.9 %
Gearing218.6 %179.4 %
Relative net indebtedness %29.8 %29.8 %
Liquidity
Quick ratio0.20.3
Current ratio1.31.3
Cash and cash equivalents0.202.31
Capital use efficiency
Trade debtors turnover (days)15.428.8
Net working capital %8.4 %10.0 %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:8.65%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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