DANCRAFT MANAGEMENT A/S — Credit Rating and Financial Key Figures

CVR number: 12003897
Kirkevej 22, 2920 Charlottenlund

Company information

Official name
DANCRAFT MANAGEMENT A/S
Established
1987
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales100.00
Gross profit100.0023.2440.97
EBIT108.60-16.68-20.48-6.2211.52
Net earnings98.66-40.86-52.12-25.79-29.87
Shareholders equity total1 632.031 591.171 539.051 513.251 424.49
Balance sheet total (assets)2 699.592 645.192 599.092 552.072 412.90
Net debt- 417.46- 256.33- 266.94- 272.76- 203.22
Profitability
EBIT-%108.6 %
ROA4.1 %-0.6 %-0.7 %-0.2 %0.9 %
ROE6.2 %-2.5 %-3.3 %-1.7 %-2.0 %
ROI4.2 %-0.6 %-0.7 %-0.2 %1.0 %
Economic value added (EVA)63.24-77.71-81.62-69.02-48.67
Solvency
Equity ratio60.5 %60.2 %59.2 %59.3 %59.0 %
Gearing63.4 %65.0 %67.2 %66.5 %68.1 %
Relative net indebtedness %-383.9 %
Liquidity
Quick ratio43.266.224.718.620.4
Current ratio43.266.224.718.620.4
Cash and cash equivalents1 451.451 290.331 300.941 279.651 172.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1417.9 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:0.95%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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