DAN-FOAM ApS
Credit rating
Company information
About DAN-FOAM ApS
DAN-FOAM ApS (CVR number: 24209709) is a company from ASSENS. The company reported a net sales of 1929.1 mDKK in 2023, demonstrating a decline of -2.8 % compared to the previous year. The operating profit percentage was at 15.4 % (EBIT: 297.3 mDKK), while net earnings were 266.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DAN-FOAM ApS's liquidity measured by quick ratio was 3.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 395.00 | 1 636.00 | 1 968.00 | 1 984.65 | 1 929.10 |
Gross profit | 601.00 | 740.00 | 823.00 | 678.36 | 560.79 |
EBIT | 389.00 | 506.00 | 592.00 | 428.86 | 297.34 |
Net earnings | 364.00 | 569.00 | 474.00 | 492.54 | 266.64 |
Shareholders equity total | 761.00 | 932.00 | 873.00 | 1 040.85 | 1 307.49 |
Balance sheet total (assets) | 1 420.00 | 1 751.00 | 1 624.00 | 1 591.53 | 1 570.37 |
Net debt | - 132.81 | - 329.69 | |||
Profitability | |||||
EBIT-% | 27.9 % | 30.9 % | 30.1 % | 21.6 % | 15.4 % |
ROA | 32.0 % | 31.9 % | 35.1 % | 33.1 % | 19.7 % |
ROE | 61.6 % | 67.2 % | 52.5 % | 51.5 % | 22.7 % |
ROI | 34.0 % | 31.9 % | 35.1 % | 35.8 % | 22.4 % |
Economic value added (EVA) | 384.10 | 467.76 | 545.17 | 351.24 | 216.03 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 65.4 % | 83.3 % |
Gearing | 3.9 % | 9.3 % | |||
Relative net indebtedness % | 5.6 % | -10.0 % | |||
Liquidity | |||||
Quick ratio | 3.3 | 3.7 | |||
Current ratio | 3.7 | 4.1 | |||
Cash and cash equivalents | 173.70 | 451.21 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.2 | 14.4 | |||
Net working capital % | 39.1 % | 41.1 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BBB | A | A |
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