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
20192020202120222023
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

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