Dynatest A/S
Credit rating
Company information
About Dynatest A/S
Dynatest A/S (CVR number: 40916458) is a company from BALLERUP. The company reported a net sales of 60.5 mDKK in 2023, demonstrating a growth of 6.2 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 5.6 mDKK), while net earnings were 3160.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. Dynatest A/S's liquidity measured by quick ratio was 0.7 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 31.70 | 34.66 | 57.00 | 60.52 |
Gross profit | 14.06 | 11.71 | 23.15 | 24.98 |
EBIT | 6.45 | -1.78 | 3.48 | 5.58 |
Net earnings | 4.53 | 9.61 | 3.58 | 3.16 |
Shareholders equity total | 5.03 | 14.94 | 20.81 | 23.01 |
Balance sheet total (assets) | 36.15 | 45.74 | 74.20 | 74.40 |
Net debt | 14.80 | 24.83 | 40.52 | 38.84 |
Profitability | ||||
EBIT-% | 20.3 % | -5.1 % | 6.1 % | 9.2 % |
ROA | 19.6 % | 23.5 % | 8.3 % | 9.7 % |
ROE | 90.1 % | 96.2 % | 20.0 % | 14.4 % |
ROI | 25.5 % | 27.9 % | 9.2 % | 10.8 % |
Economic value added (EVA) | 5.03 | -1.02 | 3.54 | 4.38 |
Solvency | ||||
Equity ratio | 13.9 % | 33.4 % | 29.0 % | 32.3 % |
Gearing | 447.8 % | 170.6 % | 216.7 % | 172.3 % |
Relative net indebtedness % | 73.8 % | 85.8 % | 82.8 % | 78.5 % |
Liquidity | ||||
Quick ratio | 0.7 | 0.6 | 0.8 | 0.7 |
Current ratio | 1.1 | 1.0 | 1.0 | 0.9 |
Cash and cash equivalents | 7.72 | 0.66 | 4.58 | 0.82 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 16.3 | 35.0 | 18.5 | 97.4 |
Net working capital % | 5.7 % | 4.1 % | 1.0 % | -4.4 % |
Credit risk | ||||
Credit rating | BBB | BBB | A | A |
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