DAN-FOAM ApS — Credit Rating and Financial Key Figures
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 2163.7 mDKK in 2024, demonstrating a growth of 12.2 % compared to the previous year. The operating profit percentage was at 22.6 % (EBIT: 488.8 mDKK), while net earnings were 389.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DAN-FOAM ApS's liquidity measured by quick ratio was 2.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 636.00 | 1 968.00 | 1 985.00 | 1 929.10 | 2 163.69 |
Gross profit | 740.00 | 823.00 | 678.00 | 560.79 | 771.82 |
EBIT | 506.00 | 592.00 | 429.00 | 297.34 | 488.83 |
Net earnings | 569.00 | 474.00 | 493.00 | 266.64 | 389.80 |
Shareholders equity total | 932.00 | 873.00 | 1 041.00 | 1 307.49 | 1 182.29 |
Balance sheet total (assets) | 1 751.00 | 1 624.00 | 1 591.00 | 1 570.37 | 1 478.43 |
Net debt | - 329.69 | - 306.07 | |||
Profitability | |||||
EBIT-% | 30.9 % | 30.1 % | 21.6 % | 15.4 % | 22.6 % |
ROA | 31.9 % | 35.1 % | 26.7 % | 19.7 % | 33.3 % |
ROE | 67.2 % | 52.5 % | 51.5 % | 22.7 % | 31.3 % |
ROI | 31.9 % | 35.1 % | 26.7 % | 20.6 % | 37.1 % |
Economic value added (EVA) | 467.76 | 545.17 | 385.13 | 206.44 | 308.13 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 83.3 % | 80.0 % |
Gearing | 9.3 % | 9.6 % | |||
Relative net indebtedness % | -10.0 % | -5.9 % | |||
Liquidity | |||||
Quick ratio | 3.7 | 2.9 | |||
Current ratio | 4.1 | 3.3 | |||
Cash and cash equivalents | 451.21 | 419.04 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.4 | 14.7 | |||
Net working capital % | 41.1 % | 30.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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