COLOR LINE. DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 45107728
Norgeskajen 2, 9850 Hirtshals
administrationdk@colorline.com

Credit rating

Company information

Official name
COLOR LINE. DANMARK A/S
Personnel
166 persons
Established
1958
Company form
Limited company
Industry
  • Expand more icon50Water transport

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales912.74317.63348.48840.35841.08
Gross profit92.1866.9457.6079.4498.03
EBIT6.22-7.18-5.62-0.3012.25
Net earnings1.47-8.80-7.64-3.634.38
Shareholders equity total69.4760.6653.0349.4053.78
Balance sheet total (assets)293.47193.18212.37232.33225.92
Net debt74.1280.6989.8746.0523.45
Profitability
EBIT-%0.7 %-2.3 %-1.6 %-0.0 %1.5 %
ROA2.4 %-2.9 %-1.1 %4.9 %12.8 %
ROE2.1 %-13.5 %-13.4 %-7.1 %8.5 %
ROI4.5 %-4.5 %-1.5 %8.4 %27.8 %
Economic value added (EVA)-0.32-10.45-8.49-3.347.06
Solvency
Equity ratio23.7 %31.4 %25.0 %21.3 %23.8 %
Gearing116.3 %144.6 %184.8 %114.9 %90.8 %
Relative net indebtedness %23.0 %38.8 %43.4 %20.4 %17.2 %
Liquidity
Quick ratio0.70.40.50.50.6
Current ratio1.00.90.90.90.9
Cash and cash equivalents6.697.018.1110.7025.38
Capital use efficiency
Trade debtors turnover (days)8.225.930.319.014.3
Net working capital %0.2 %-1.7 %-4.3 %-2.0 %-1.1 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.8%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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