Credit rating
Company information
About DAHLCON A/S
DAHLCON A/S (CVR number: 20247894) is a company from DRAGØR. The company recorded a gross profit of -2.1 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -2.1 kDKK, while net earnings were 375.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.8 %, which can be considered excellent and Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. DAHLCON A/S's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 55.21 | 62.64 | 60.15 | 48.54 | |
Gross profit | 17.48 | 38.81 | 26.88 | 26.31 | -2.11 |
EBIT | -1.03 | 20.29 | 8.36 | - 106.80 | -2.11 |
Net earnings | - 178.51 | -14.07 | 277.42 | - 671.32 | 375.45 |
Shareholders equity total | 1 130.72 | 1 116.65 | 1 394.08 | 722.75 | 1 098.21 |
Balance sheet total (assets) | 1 280.87 | 1 699.20 | 2 219.27 | 1 261.79 | 1 785.50 |
Net debt | - 606.53 | - 684.02 | -1 050.05 | - 628.04 | -1 072.10 |
Profitability | |||||
EBIT-% | -1.9 % | 32.4 % | 13.9 % | -220.0 % | |
ROA | 0.6 % | 2.8 % | 18.2 % | -5.1 % | 38.8 % |
ROE | -14.6 % | -1.3 % | 22.1 % | -63.4 % | 41.2 % |
ROI | 0.6 % | 2.8 % | 18.5 % | -5.2 % | 39.1 % |
Economic value added (EVA) | -20.27 | -3.79 | 13.07 | -64.84 | 19.52 |
Solvency | |||||
Equity ratio | 88.3 % | 65.7 % | 62.8 % | 57.3 % | 61.5 % |
Gearing | 11.8 % | 50.4 % | 56.4 % | 71.4 % | 62.6 % |
Relative net indebtedness % | -1069.0 % | -1061.3 % | -1680.7 % | -1245.8 % | |
Liquidity | |||||
Quick ratio | 5.7 | 2.2 | 2.2 | 2.3 | 2.6 |
Current ratio | 5.7 | 2.2 | 2.2 | 2.3 | 2.6 |
Cash and cash equivalents | 740.33 | 1 247.38 | 1 836.16 | 1 143.80 | 1 759.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 50.2 % | -811.5 % | -1358.6 % | -851.6 % | |
Credit risk | |||||
Credit rating | BBB | BB | BBB | B | BB |
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