DAN ELECTRIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN ELECTRIC ApS
DAN ELECTRIC ApS (CVR number: 31935318) is a company from VEJLE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 1044.3 kDKK, while net earnings were 816.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 97.2 %, which can be considered excellent and Return on Equity (ROE) was 111.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. DAN ELECTRIC ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 244.64 | ||||
EBIT | 287.19 | 358.22 | 279.72 | 730.47 | 1 044.33 |
Net earnings | 218.92 | 272.29 | 213.83 | 564.86 | 816.21 |
Shareholders equity total | 421.59 | 475.88 | 413.83 | 604.86 | 856.21 |
Balance sheet total (assets) | 886.92 | 1 151.05 | 797.60 | 819.61 | 1 333.27 |
Net debt | - 395.78 | - 351.11 | - 590.67 | - 447.61 | - 654.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.1 % | 35.2 % | 28.7 % | 90.3 % | 97.2 % |
ROE | 59.2 % | 60.7 % | 48.1 % | 110.9 % | 111.7 % |
ROI | 44.0 % | 63.8 % | 45.5 % | 128.6 % | 143.1 % |
Economic value added (EVA) | 220.43 | 278.08 | 222.82 | 584.52 | 806.51 |
Solvency | |||||
Equity ratio | 47.5 % | 41.3 % | 51.9 % | 73.8 % | 64.2 % |
Gearing | 0.1 % | 46.8 % | 28.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.7 | 2.1 | 3.8 | 2.8 |
Current ratio | 1.9 | 1.7 | 2.1 | 3.8 | 2.8 |
Cash and cash equivalents | 396.01 | 573.96 | 707.12 | 447.61 | 654.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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