DGE Group A/S — Credit Rating and Financial Key Figures

CVR number: 28670710
Jelshøjvænget 11, 8270 Højbjerg

Company information

Official name
DGE Group A/S
Established
2006
Company form
Limited company
Industry

About DGE Group A/S

DGE Group A/S (CVR number: 28670710K) is a company from AARHUS. The company recorded a gross profit of 74.3 mDKK in 2023. The operating profit was 2782.6 kDKK, while net earnings were 1648.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. DGE Group A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales119 071.20131 558.44
Gross profit68 990.7474 148.3374 198.5669 675.1874 295.00
EBIT2 188.185 064.093 947.231 723.212 782.61
Net earnings1 306.193 528.702 800.63880.861 648.08
Shareholders equity total10 989.3211 749.0813 661.0312 241.7513 340.37
Balance sheet total (assets)46 149.1052 857.8745 267.0043 575.1850 774.58
Net debt10 060.41-1 606.201 795.855 385.693 087.90
Profitability
EBIT-%1.8 %3.8 %
ROA4.9 %10.6 %8.5 %4.4 %6.8 %
ROE15.6 %36.6 %24.8 %7.8 %15.3 %
ROI9.5 %26.1 %22.8 %9.6 %14.6 %
Economic value added (EVA)760.423 144.162 556.96467.881 451.30
Solvency
Equity ratio26.3 %25.6 %33.7 %30.6 %29.2 %
Gearing111.2 %41.1 %37.2 %65.8 %59.1 %
Relative net indebtedness %27.6 %26.1 %
Liquidity
Quick ratio1.71.82.01.81.7
Current ratio1.41.41.61.51.5
Cash and cash equivalents2 162.226 436.293 288.962 674.744 799.58
Capital use efficiency
Trade debtors turnover (days)69.971.4
Net working capital %9.7 %11.1 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.83%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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