DANFOSS IXA A/S
Credit rating
Company information
About DANFOSS IXA A/S
DANFOSS IXA A/S (CVR number: 32091067) is a company from KOLDING. The company recorded a gross profit of 7680 kDKK in 2023. The operating profit was -14 mDKK, while net earnings were -10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -36 %, which can be considered poor and Return on Equity (ROE) was -38 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANFOSS IXA A/S's liquidity measured by quick ratio was 2.2 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 | -3 007.00 | 2 945.00 | 7 374.00 | 2 382.00 | 7 680.00 |
EBIT | -20 399.00 | -18 239.00 | -12 148.00 | -14 802.14 | -14 035.00 |
Net earnings | -15 873.00 | -13 934.00 | -9 658.00 | -11 643.15 | -10 842.00 |
Shareholders equity total | 17 030.00 | 3 096.00 | 33 510.00 | 33 973.00 | 23 145.00 |
Balance sheet total (assets) | 58 165.00 | 40 950.00 | 48 980.00 | 42 675.00 | 33 940.00 |
Net debt | 25 295.00 | 23 856.00 | - 431.00 | - 794.00 | -1 564.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -47.8 % | -36.8 % | -27.0 % | -32.3 % | -36.0 % |
ROE | -106.1 % | -138.5 % | -52.8 % | -34.5 % | -38.0 % |
ROI | -65.8 % | -48.5 % | -35.9 % | -40.5 % | -43.1 % |
Economic value added (EVA) | -16 276.16 | -14 685.36 | -9 416.28 | -12 955.18 | -12 616.91 |
Solvency | |||||
Equity ratio | 29.3 % | 7.6 % | 68.4 % | 79.6 % | 68.2 % |
Gearing | 150.1 % | 807.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.5 | 2.3 | 4.0 | 2.2 |
Current ratio | 3.8 | 4.0 | 3.7 | 6.7 | 4.4 |
Cash and cash equivalents | 265.00 | 1 144.00 | 431.00 | 794.00 | 1 564.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
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