DANLITA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANLITA ApS
DANLITA ApS (CVR number: 26844479) is a company from AALBORG. The company recorded a gross profit of 277.6 kDKK in 2023. The operating profit was 193.6 kDKK, while net earnings were 152.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANLITA ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 496.02 | 524.33 | 512.00 | ||
Gross profit | 265.58 | 328.82 | 305.52 | 249.82 | 277.62 |
EBIT | 53.51 | 328.82 | 426.18 | 211.82 | 193.62 |
Net earnings | 177.46 | 232.75 | 313.32 | 155.80 | 152.16 |
Shareholders equity total | 1 519.96 | 1 752.70 | 2 066.02 | 2 221.82 | 2 373.99 |
Balance sheet total (assets) | 7 327.05 | 7 500.78 | 7 731.94 | 7 757.96 | 7 890.45 |
Net debt | 5 387.57 | 5 439.81 | 5 305.05 | 5 244.83 | 5 179.47 |
Profitability | |||||
EBIT-% | 10.8 % | 62.7 % | 83.2 % | ||
ROA | 1.8 % | 5.4 % | 6.6 % | 4.0 % | 4.5 % |
ROE | 12.4 % | 14.2 % | 16.4 % | 7.3 % | 6.6 % |
ROI | 1.8 % | 5.5 % | 6.8 % | 4.1 % | 4.6 % |
Economic value added (EVA) | - 192.11 | -24.21 | 42.16 | - 131.39 | - 147.69 |
Solvency | |||||
Equity ratio | 20.7 % | 23.4 % | 26.7 % | 28.6 % | 30.1 % |
Gearing | 364.8 % | 312.9 % | 260.4 % | 237.2 % | 222.0 % |
Relative net indebtedness % | 1118.8 % | 1068.7 % | 1067.3 % | ||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 |
Current ratio | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 157.69 | 45.15 | 75.14 | 25.08 | 90.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 75.9 % | 83.9 % | 98.0 % | ||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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