Daarbak Group A/S
Credit rating
Company information
About Daarbak Group A/S
Daarbak Group A/S (CVR number: 29388792) is a company from AALBORG. The company reported a net sales of 994 mDKK in 2024, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 12.2 % (EBIT: 121.5 mDKK), while net earnings were 96.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. Daarbak Group A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 588.46 | 720.94 | 1 073.64 | 1 051.51 | 994.00 |
Gross profit | 166.02 | 206.39 | 310.11 | 353.75 | 299.80 |
EBIT | 61.09 | 92.36 | 121.26 | 160.43 | 121.51 |
Net earnings | 47.68 | 71.53 | 90.72 | 120.53 | 96.65 |
Shareholders equity total | 115.97 | 180.50 | 251.22 | 321.74 | 348.75 |
Balance sheet total (assets) | 169.86 | 457.74 | 478.20 | 450.21 | 487.12 |
Net debt | -3.08 | 10.50 | -27.29 | ||
Profitability | |||||
EBIT-% | 10.4 % | 12.8 % | 11.3 % | 15.3 % | 12.2 % |
ROA | 36.2 % | 29.4 % | 25.9 % | 35.1 % | 27.0 % |
ROE | 47.7 % | 48.3 % | 42.0 % | 42.1 % | 28.8 % |
ROI | 44.8 % | 29.4 % | 25.9 % | 39.2 % | 34.8 % |
Economic value added (EVA) | 57.64 | 86.54 | 112.19 | 108.76 | 77.56 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 97.0 % | 71.7 % | 71.7 % |
Gearing | 3.5 % | 1.8 % | |||
Relative net indebtedness % | -0.3 % | 10.6 % | 9.2 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 1.3 | |||
Current ratio | 1.6 | 1.7 | |||
Cash and cash equivalents | 3.08 | 0.81 | 33.63 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.0 | 42.9 | |||
Net working capital % | 0.3 % | 5.4 % | 9.0 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | AAA |
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