DANSK ERHVERVSPROJEKT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK ERHVERVSPROJEKT A/S
DANSK ERHVERVSPROJEKT A/S (CVR number: 10237947) is a company from AARHUS. The company recorded a gross profit of 25.6 mDKK in 2024. The operating profit was 24.3 mDKK, while net earnings were 12.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANSK ERHVERVSPROJEKT A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 843.73 | 23 588.36 | 24 094.47 | 26 080.95 | 25 602.57 |
EBIT | 49 331.33 | 51 136.47 | 62 480.74 | 21 950.51 | 24 336.95 |
Net earnings | 29 572.17 | 32 307.37 | 88 965.79 | 9 916.11 | 12 308.51 |
Shareholders equity total | 246 077.59 | 278 384.96 | 367 350.74 | 377 266.86 | 389 575.36 |
Balance sheet total (assets) | 755 741.90 | 789 075.56 | 840 966.46 | 843 081.18 | 837 942.18 |
Net debt | 423 929.60 | 417 211.61 | 357 743.92 | 351 513.24 | 332 319.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.6 % | 6.6 % | 14.3 % | 2.6 % | 2.9 % |
ROE | 12.8 % | 12.3 % | 27.6 % | 2.7 % | 3.2 % |
ROI | 6.7 % | 6.7 % | 14.5 % | 2.6 % | 2.9 % |
Economic value added (EVA) | 10 347.01 | 11 977.37 | 12 161.04 | -16 417.74 | -14 357.69 |
Solvency | |||||
Equity ratio | 45.5 % | 47.7 % | 49.5 % | 50.4 % | 52.2 % |
Gearing | 172.3 % | 149.9 % | 98.9 % | 93.4 % | 85.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.8 | 0.2 | 0.2 |
Current ratio | 0.2 | 0.3 | 0.8 | 0.3 | 0.5 |
Cash and cash equivalents | 0.01 | 5 710.42 | 917.79 | 913.45 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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