DANSK VARMEKABEL A/S

CVR number: 26631815
Lundagervej 102, 8722 Hedensted
info@handyheat.net

Credit rating

Company information

Official name
DANSK VARMEKABEL A/S
Established
2002
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DANSK VARMEKABEL A/S

DANSK VARMEKABEL A/S (CVR number: 26631815) is a company from HEDENSTED. The company recorded a gross profit of 855.5 kDKK in 2023. The operating profit was -231.6 kDKK, while net earnings were -313.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANSK VARMEKABEL A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 439.18618.091 028.11641.05855.49
EBIT860.04- 327.05- 180.10- 558.88- 231.60
Net earnings598.02- 418.13- 187.02- 610.44- 313.15
Shareholders equity total3 854.873 081.872 894.852 284.411 971.26
Balance sheet total (assets)5 893.634 069.993 955.733 857.063 732.81
Net debt1 238.5622.82829.56884.68818.39
Profitability
EBIT-%
ROA15.7 %-6.6 %-4.5 %-14.3 %-6.0 %
ROE16.8 %-12.1 %-6.3 %-23.6 %-14.7 %
ROI17.3 %-7.5 %-4.9 %-16.2 %-7.6 %
Economic value added (EVA)512.12- 520.49- 299.76- 726.56- 365.06
Solvency
Equity ratio65.4 %75.7 %73.2 %59.2 %52.8 %
Gearing32.3 %16.5 %28.7 %38.7 %45.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.91.20.9
Current ratio2.98.46.43.22.7
Cash and cash equivalents5.33485.720.030.0369.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-6.05%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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