DANGAARD Group A/S

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

Credit rating

Company information

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

About the company

DANGAARD Group A/S (CVR number: 28328869) is a company from AABENRAA. The company reported a net sales of 1029 mDKK in 2022, demonstrating a decline of -27.2 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 32.4 mDKK), while net earnings were 3858 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. 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
20182019202020212022
Volume
Net sales1 094.271 207.351 469.281 412.641 029.01
Gross profit65.7177.35102.65102.5268.70
EBIT33.8340.9157.5858.9832.44
Net earnings35.9435.4574.4344.243.86
Shareholders equity total123.67128.99200.35204.90208.59
Balance sheet total (assets)281.74423.76521.06562.12524.11
Net debt88.82166.65157.07233.49193.26
Profitability
EBIT-%3.1 %3.4 %3.9 %4.2 %3.2 %
ROA15.8 %13.1 %18.9 %11.1 %2.9 %
ROE34.0 %28.1 %45.2 %21.8 %1.9 %
ROI20.7 %17.9 %26.5 %14.6 %3.6 %
Economic value added (EVA)24.8530.2744.5345.7826.89
Solvency
Equity ratio44.3 %30.5 %38.5 %36.7 %40.2 %
Gearing71.9 %129.2 %78.4 %114.0 %92.7 %
Relative net indebtedness %14.0 %24.0 %21.0 %24.9 %29.9 %
Liquidity
Quick ratio0.50.50.30.30.3
Current ratio1.41.11.21.11.1
Cash and cash equivalents0.150.010.010.010.00
Capital use efficiency
Trade debtors turnover (days)21.829.721.720.123.7
Net working capital %5.3 %3.0 %4.8 %2.5 %3.2 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.86%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-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

Companies in the same industry

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