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DANISH MANAGEMENT GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH MANAGEMENT GROUP ApS
DANISH MANAGEMENT GROUP ApS (CVR number: 12669704K) is a company from AARHUS. The company recorded a gross profit of 24.6 mDKK in 2022. The operating profit was -58.3 mDKK, while net earnings were -74.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -39.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40 %, 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. DANISH MANAGEMENT GROUP ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 33 035.28 | 27 996.00 | 44 357.00 | 46 959.00 | 24 592.46 |
| EBIT | -14 666.69 | -34 118.00 | -20 117.00 | -34 582.00 | -58 271.11 |
| Net earnings | 80 978.70 | -30 738.00 | -27 914.00 | -22 200.00 | -74 540.48 |
| Shareholders equity total | 300 687.57 | 254 053.00 | 220 533.00 | 208 611.00 | 156 551.27 |
| Balance sheet total (assets) | 687 977.99 | 667 086.00 | 596 848.00 | 497 284.00 | 403 556.45 |
| Net debt | 288 133.62 | -3 508.95 | 154 101.10 | ||
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.7 % | -5.0 % | -3.2 % | -6.3 % | -12.1 % |
| ROE | 32.3 % | -11.3 % | -11.8 % | -10.3 % | -39.5 % |
| ROI | -2.0 % | -5.3 % | -3.2 % | -6.3 % | -13.2 % |
| Economic value added (EVA) | -39 544.29 | -64 572.05 | -32 883.16 | -45 663.78 | -71 352.35 |
| Solvency | |||||
| Equity ratio | 44.3 % | 100.0 % | 100.0 % | 100.0 % | 40.0 % |
| Gearing | 97.0 % | 110.4 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 0.5 | |||
| Current ratio | 1.2 | 0.7 | |||
| Cash and cash equivalents | 3 508.96 | 3 508.95 | 18 723.97 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | BBB |
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