DANOVATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANOVATION ApS
DANOVATION ApS (CVR number: 26110378) is a company from SILKEBORG. The company recorded a gross profit of 1144.5 kDKK in 2024. The operating profit was -400 kDKK, while net earnings were -602.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -64.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -67.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANOVATION ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 561.96 | 1 398.75 | 1 259.78 | 1 230.33 | 1 144.51 |
EBIT | - 149.02 | - 413.91 | - 434.06 | - 198.95 | - 399.98 |
Net earnings | - 175.74 | - 351.32 | - 479.39 | - 182.58 | - 602.59 |
Shareholders equity total | -22.79 | - 374.11 | - 853.50 | -1 036.08 | -1 638.67 |
Balance sheet total (assets) | 5 467.29 | 896.86 | 914.65 | 1 061.90 | 799.71 |
Net debt | 4 909.47 | 1 022.87 | 1 596.12 | 1 923.11 | 1 963.14 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.6 % | -12.1 % | -28.1 % | -9.8 % | -17.2 % |
ROE | -3.8 % | -11.0 % | -52.9 % | -18.5 % | -64.7 % |
ROI | -0.7 % | -13.5 % | -31.9 % | -10.7 % | -20.0 % |
Economic value added (EVA) | - 278.33 | - 570.80 | - 472.92 | - 191.68 | - 584.90 |
Solvency | |||||
Equity ratio | -0.4 % | -29.4 % | -48.3 % | -49.4 % | -67.2 % |
Gearing | -21783.8 % | -280.8 % | -191.5 % | -186.3 % | -120.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.7 | 6.8 | 6.3 | 1.7 |
Current ratio | 1.0 | 0.7 | 6.8 | 6.3 | 1.7 |
Cash and cash equivalents | 55.72 | 27.62 | 38.12 | 6.67 | 16.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
Variable visualization
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