DANSK ÆDELMETAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK ÆDELMETAL A/S
DANSK ÆDELMETAL A/S (CVR number: 19345548) is a company from FURESØ. The company recorded a gross profit of 2515.8 kDKK in 2023. The operating profit was 1603.1 kDKK, while net earnings were -631.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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 ÆDELMETAL A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 052.84 | 2 336.86 | 3 112.83 | 2 997.10 | 2 515.85 |
EBIT | 1 302.43 | 1 619.18 | 2 307.83 | 1 968.39 | 1 603.14 |
Net earnings | 560.73 | 946.38 | 1 977.74 | 629.36 | - 631.06 |
Shareholders equity total | 8 836.67 | 9 960.97 | 12 046.50 | 9 881.89 | 9 440.34 |
Balance sheet total (assets) | 21 662.25 | 21 971.53 | 22 802.48 | 23 916.46 | 21 653.48 |
Net debt | 11 025.55 | 8 587.21 | 7 708.27 | 10 367.07 | 10 561.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 7.0 % | 12.0 % | 5.9 % | 0.4 % |
ROE | 6.6 % | 10.1 % | 18.0 % | 5.7 % | -6.5 % |
ROI | 5.6 % | 7.5 % | 13.1 % | 6.4 % | 0.5 % |
Economic value added (EVA) | 938.61 | 1 135.95 | 1 660.16 | 1 313.16 | 972.01 |
Solvency | |||||
Equity ratio | 40.8 % | 45.3 % | 52.8 % | 41.3 % | 43.6 % |
Gearing | 124.9 % | 96.0 % | 68.5 % | 118.2 % | 111.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.7 | 0.5 | 0.7 |
Current ratio | 1.8 | 2.4 | 2.5 | 1.6 | 2.9 |
Cash and cash equivalents | 10.45 | 977.83 | 539.46 | 1 315.18 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | A |
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