DANISH WOOD TECHNOLOGY A/S

CVR number: 32441394
Vesterlundvej 5, 2730 Herlev
info@danishwoodtech.com
tel: 51883133

Credit rating

Company information

Official name
DANISH WOOD TECHNOLOGY A/S
Personnel
1 person
Established
2009
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About DANISH WOOD TECHNOLOGY A/S

DANISH WOOD TECHNOLOGY A/S (CVR number: 32441394) is a company from HERLEV. The company recorded a gross profit of -994.4 kDKK in 2023. The operating profit was -2084.8 kDKK, while net earnings were -2197 kDKK. The profitability of the company measured by Return on Assets (ROA) was -61.4 %, which can be considered poor and Return on Equity (ROE) was -290.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -61.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANISH WOOD TECHNOLOGY A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit181.351 294.27- 453.36-1 338.09- 994.43
EBIT- 330.94770.66- 862.99-2 118.83-2 084.82
Net earnings- 335.20569.885 111.16-2 280.02-2 196.97
Shareholders equity total-3 074.60-5 452.99- 341.83378.14-1 818.82
Balance sheet total (assets)2 861.74954.42642.083 585.211 135.63
Net debt5 488.93-1.06-10.30685.612 771.51
Profitability
EBIT-%
ROA-5.6 %12.5 %148.0 %-90.5 %-61.4 %
ROE-11.3 %29.9 %640.3 %-447.0 %-290.3 %
ROI-6.0 %28.1 %4695460.9 %-124.2 %-65.2 %
Economic value added (EVA)-62.801 038.52- 475.87-2 101.12-1 989.97
Solvency
Equity ratio-51.8 %-85.1 %-34.7 %10.5 %-61.6 %
Gearing-178.7 %-0.1 %780.5 %-155.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.14.10.4
Current ratio0.10.10.14.10.4
Cash and cash equivalents6.031.0610.532 265.8963.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBB

Variable visualization

ROA:-61.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-61.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.