DAN FUGT DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN FUGT DENMARK ApS
DAN FUGT DENMARK ApS (CVR number: 32449832) is a company from MIDDELFART. The company recorded a gross profit of 230.8 kDKK in 2023. The operating profit was -83.6 kDKK, while net earnings were -136.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. DAN FUGT DENMARK ApS's liquidity measured by quick ratio was 2.1 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 | 620.92 | 629.77 | 654.12 | 741.87 | 230.79 |
EBIT | 36.84 | 144.15 | 58.48 | 80.24 | -83.65 |
Net earnings | 3.47 | 72.04 | 8.21 | 24.35 | - 136.50 |
Shareholders equity total | 2 608.11 | 2 680.15 | 2 688.37 | 2 612.71 | 2 476.22 |
Balance sheet total (assets) | 3 894.02 | 3 969.79 | 3 902.78 | 3 975.93 | 3 817.72 |
Net debt | 1 021.89 | 1 121.46 | 997.68 | 1 065.04 | 1 255.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 3.7 % | 1.5 % | 2.0 % | -2.1 % |
ROE | 0.1 % | 2.7 % | 0.3 % | 0.9 % | -5.4 % |
ROI | 0.9 % | 3.8 % | 1.6 % | 2.1 % | -2.2 % |
Economic value added (EVA) | - 103.85 | -13.23 | -91.19 | -71.15 | - 208.44 |
Solvency | |||||
Equity ratio | 67.0 % | 67.5 % | 68.9 % | 65.7 % | 64.9 % |
Gearing | 43.4 % | 41.9 % | 38.9 % | 43.2 % | 50.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 1.9 | 1.9 | 2.1 |
Current ratio | 2.9 | 3.0 | 3.1 | 2.7 | 2.7 |
Cash and cash equivalents | 110.38 | 0.43 | 47.14 | 62.51 | 0.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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