DANCRAFT MANAGEMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANCRAFT MANAGEMENT A/S
DANCRAFT MANAGEMENT A/S (CVR number: 12003897) is a company from GENTOFTE. The company recorded a gross profit of 41 kDKK in 2023. The operating profit was 11.5 kDKK, while net earnings were -29.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59 %, 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. DANCRAFT MANAGEMENT A/S's liquidity measured by quick ratio was 20.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 100.00 | ||||
Gross profit | 100.00 | 23.24 | 40.97 | ||
EBIT | 108.60 | -16.68 | -20.48 | -6.22 | 11.52 |
Net earnings | 98.66 | -40.86 | -52.12 | -25.79 | -29.87 |
Shareholders equity total | 1 632.03 | 1 591.17 | 1 539.05 | 1 513.25 | 1 424.49 |
Balance sheet total (assets) | 2 699.59 | 2 645.19 | 2 599.09 | 2 552.07 | 2 412.90 |
Net debt | - 417.46 | - 256.33 | - 266.94 | - 272.76 | - 203.22 |
Profitability | |||||
EBIT-% | 108.6 % | ||||
ROA | 4.1 % | -0.6 % | -0.7 % | -0.2 % | 0.9 % |
ROE | 6.2 % | -2.5 % | -3.3 % | -1.7 % | -2.0 % |
ROI | 4.2 % | -0.6 % | -0.7 % | -0.2 % | 1.0 % |
Economic value added (EVA) | 63.24 | -77.71 | -81.62 | -69.02 | -48.67 |
Solvency | |||||
Equity ratio | 60.5 % | 60.2 % | 59.2 % | 59.3 % | 59.0 % |
Gearing | 63.4 % | 65.0 % | 67.2 % | 66.5 % | 68.1 % |
Relative net indebtedness % | -383.9 % | ||||
Liquidity | |||||
Quick ratio | 43.2 | 66.2 | 24.7 | 18.6 | 20.4 |
Current ratio | 43.2 | 66.2 | 24.7 | 18.6 | 20.4 |
Cash and cash equivalents | 1 451.45 | 1 290.33 | 1 300.94 | 1 279.65 | 1 172.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1417.9 % | ||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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