COLOR LINE. DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COLOR LINE. DANMARK A/S
COLOR LINE. DANMARK A/S (CVR number: 45107728) is a company from HJØRRING. The company reported a net sales of 841.1 mDKK in 2023, demonstrating a growth of 0.1 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 12.3 mDKK), while net earnings were 4383 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. COLOR LINE. DANMARK A/S's liquidity measured by quick ratio was 0.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 912.74 | 317.63 | 348.48 | 840.35 | 841.08 |
Gross profit | 92.18 | 66.94 | 57.60 | 79.44 | 98.03 |
EBIT | 6.22 | -7.18 | -5.62 | -0.30 | 12.25 |
Net earnings | 1.47 | -8.80 | -7.64 | -3.63 | 4.38 |
Shareholders equity total | 69.47 | 60.66 | 53.03 | 49.40 | 53.78 |
Balance sheet total (assets) | 293.47 | 193.18 | 212.37 | 232.33 | 225.92 |
Net debt | 74.12 | 80.69 | 89.87 | 46.05 | 23.45 |
Profitability | |||||
EBIT-% | 0.7 % | -2.3 % | -1.6 % | -0.0 % | 1.5 % |
ROA | 2.4 % | -2.9 % | -1.1 % | 4.9 % | 12.8 % |
ROE | 2.1 % | -13.5 % | -13.4 % | -7.1 % | 8.5 % |
ROI | 4.5 % | -4.5 % | -1.5 % | 8.4 % | 27.8 % |
Economic value added (EVA) | -0.32 | -10.45 | -8.49 | -3.34 | 7.06 |
Solvency | |||||
Equity ratio | 23.7 % | 31.4 % | 25.0 % | 21.3 % | 23.8 % |
Gearing | 116.3 % | 144.6 % | 184.8 % | 114.9 % | 90.8 % |
Relative net indebtedness % | 23.0 % | 38.8 % | 43.4 % | 20.4 % | 17.2 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.4 | 0.5 | 0.5 | 0.6 |
Current ratio | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 |
Cash and cash equivalents | 6.69 | 7.01 | 8.11 | 10.70 | 25.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.2 | 25.9 | 30.3 | 19.0 | 14.3 |
Net working capital % | 0.2 % | -1.7 % | -4.3 % | -2.0 % | -1.1 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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