HANDELSSELKABET DANFORM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDELSSELKABET DANFORM ApS
HANDELSSELKABET DANFORM ApS (CVR number: 10220076) is a company from VORDINGBORG. The company recorded a gross profit of -606.3 kDKK in 2024. The operating profit was -1357.1 kDKK, while net earnings were -922 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. HANDELSSELKABET DANFORM ApS's liquidity measured by quick ratio was 7.2 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 | - 826.70 | - 523.49 | - 416.87 | - 553.26 | - 606.29 |
EBIT | -1 709.43 | -1 206.46 | -1 135.78 | -1 659.12 | -1 357.10 |
Net earnings | -1 315.19 | - 791.30 | -1 239.67 | -1 576.70 | - 922.02 |
Shareholders equity total | 17 832.39 | 15 876.09 | 13 636.42 | 11 059.72 | 10 137.70 |
Balance sheet total (assets) | 24 135.28 | 22 870.57 | 21 818.32 | 20 485.75 | 19 461.69 |
Net debt | -2 871.45 | -1 865.32 | - 724.71 | 1 930.62 | 1 923.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.4 % | -3.4 % | -3.9 % | -7.7 % | -5.0 % |
ROE | -7.0 % | -4.7 % | -8.4 % | -12.8 % | -8.7 % |
ROI | -5.5 % | -3.4 % | -4.6 % | -11.2 % | -7.7 % |
Economic value added (EVA) | -1 534.70 | -1 159.12 | -1 139.10 | -1 659.15 | -1 340.12 |
Solvency | |||||
Equity ratio | 73.9 % | 69.4 % | 62.5 % | 54.0 % | 52.1 % |
Gearing | 0.0 % | 4.7 % | 11.8 % | 23.3 % | 24.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 28.1 | 7.4 | 4.1 | 7.4 | 7.2 |
Current ratio | 28.1 | 7.4 | 4.1 | 7.4 | 7.2 |
Cash and cash equivalents | 2 876.80 | 2 603.98 | 2 338.62 | 651.01 | 569.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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