Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 972.57 | 1 561.96 | 1 398.75 | 1 259.78 | 1 230.33 |
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) | 3 685.89 | 5 467.29 | 896.86 | 914.65 | 1 061.90 |
Net debt | 3 545.77 | 4 909.47 | 1 022.87 | 1 596.12 | 1 923.11 |
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 ratio | 0.9 | 1.0 | 0.7 | 6.8 | 6.3 |
Current ratio | 0.9 | 1.0 | 0.7 | 6.8 | 6.3 |
Cash and cash equivalents | 59.65 | 55.72 | 27.62 | 38.12 | 6.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | B | B |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.