DANOVATION ApS

CVR number: 26110378
Trekronervej 5, Vinderslev 8620 Kjellerup

Credit rating

Company information

Official name
DANOVATION ApS
Personnel
5 persons
Established
2001
Domicile
Vinderslev
Company form
Private limited company
Industry
  • Expand more icon63Information service activities

About DANOVATION ApS

DANOVATION ApS (CVR number: 26110378) is a company from SILKEBORG. The company recorded a gross profit of 1230.3 kDKK in 2023. The operating profit was -198.9 kDKK, while net earnings were -182.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -18.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.4 %. 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 6.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit972.571 561.961 398.751 259.781 230.33
EBIT- 777.89- 149.02- 413.91- 434.06- 198.95
Net earnings- 660.47- 175.74- 351.32- 479.39- 182.58
Shareholders equity total- 347.05-22.79- 374.11- 853.50-1 036.08
Balance sheet total (assets)3 685.895 467.29896.86914.651 061.90
Net debt3 545.774 909.471 022.871 596.121 923.11
Profitability
EBIT-%
ROA-19.9 %-0.6 %-12.1 %-28.1 %-9.8 %
ROE-26.1 %-3.8 %-11.0 %-52.9 %-18.5 %
ROI-22.4 %-0.7 %-13.5 %-31.9 %-10.7 %
Economic value added (EVA)- 516.54-94.16- 318.50- 418.74- 107.65
Solvency
Equity ratio-8.6 %-0.4 %-29.4 %-48.3 %-49.4 %
Gearing-1038.9 %-21783.8 %-280.8 %-191.5 %-186.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.00.76.86.3
Current ratio0.91.00.76.86.3
Cash and cash equivalents59.6555.7227.6238.126.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-9.85%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-49.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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