DANFOSS POWER ELECTRONICS A/S

CVR number: 19883876
Ulsnæs 1, 6300 Gråsten

Credit rating

Company information

Official name
DANFOSS POWER ELECTRONICS A/S
Personnel
1112 persons
Established
1997
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About DANFOSS POWER ELECTRONICS A/S

DANFOSS POWER ELECTRONICS A/S (CVR number: 19883876) is a company from SØNDERBORG. The company reported a net sales of 3462.4 mDKK in 2023, demonstrating a decline of -7 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 363.5 mDKK), while net earnings were 325.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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. DANFOSS POWER ELECTRONICS A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales3 083.882 944.143 184.503 722.103 462.45
Gross profit391.83356.39416.41582.92703.44
EBIT89.2324.79147.82241.45363.50
Net earnings95.9957.93345.683 328.51325.63
Shareholders equity total306.11364.04589.673 546.08753.91
Balance sheet total (assets)1 795.431 735.981 815.864 476.411 573.72
Net debt717.57674.28401.3810.4720.01
Profitability
EBIT-%2.9 %0.8 %4.6 %6.5 %10.5 %
ROA9.5 %3.7 %20.5 %107.5 %14.6 %
ROE28.8 %17.3 %72.5 %161.0 %15.1 %
ROI14.7 %5.5 %30.1 %136.4 %18.8 %
Economic value added (EVA)91.4552.88164.98248.78113.25
Solvency
Equity ratio17.1 %21.0 %32.5 %79.2 %47.9 %
Gearing234.4 %185.2 %68.1 %0.3 %2.7 %
Relative net indebtedness %46.1 %44.5 %36.4 %22.7 %21.2 %
Liquidity
Quick ratio0.20.20.24.90.8
Current ratio0.40.40.55.41.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)6.57.90.90.30.1
Net working capital %-25.9 %-25.1 %-15.8 %84.4 %8.6 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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