A/S DAMHAVEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S DAMHAVEN
A/S DAMHAVEN (CVR number: 22191128) is a company from GREVE. The company reported a net sales of 4.3 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was poor at -3.3 % (EBIT: -0.1 mDKK), while net earnings were 304.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. A/S DAMHAVEN's liquidity measured by quick ratio was 75.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 161.32 | 4 173.82 | 4 210.52 | 4 256.42 | 4 250.34 |
Gross profit | 2 200.60 | 2 175.02 | 2 097.97 | 1 849.44 | 1 849.67 |
EBIT | 3 450.60 | 2 675.02 | 2 697.97 | 949.44 | - 140.66 |
Net earnings | 2 743.32 | 2 186.26 | 2 292.05 | 1 113.69 | 304.42 |
Shareholders equity total | 45 415.18 | 47 601.43 | 49 893.48 | 51 007.18 | 51 311.60 |
Balance sheet total (assets) | 59 459.19 | 61 839.87 | 64 406.66 | 65 546.62 | 65 331.39 |
Net debt | 1 302.17 | - 351.98 | 2 679.08 | 2 968.16 | 2 679.43 |
Profitability | |||||
EBIT-% | 82.9 % | 64.1 % | 64.1 % | 22.3 % | -3.3 % |
ROA | 6.3 % | 4.8 % | 4.8 % | 2.3 % | 0.7 % |
ROE | 6.2 % | 4.7 % | 4.7 % | 2.2 % | 0.6 % |
ROI | 6.4 % | 4.9 % | 4.9 % | 2.3 % | 0.7 % |
Economic value added (EVA) | 381.52 | - 261.07 | - 269.86 | -1 901.42 | -2 821.95 |
Solvency | |||||
Equity ratio | 77.4 % | 77.0 % | 77.5 % | 77.8 % | 78.5 % |
Gearing | 13.3 % | 12.6 % | 8.6 % | 8.4 % | 8.3 % |
Relative net indebtedness % | 54.5 % | 17.0 % | 134.4 % | 144.9 % | 136.7 % |
Liquidity | |||||
Quick ratio | 57.9 | 58.7 | 65.0 | 45.8 | 75.8 |
Current ratio | 11.3 | 58.7 | 65.0 | 45.8 | 75.8 |
Cash and cash equivalents | 4 720.27 | 6 372.18 | 1 589.84 | 1 302.52 | 1 593.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.3 | 1.3 | 3.3 | ||
Net working capital % | 240.1 % | 302.4 % | 346.2 % | 387.1 % | 411.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AA |
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