DAMRC F.M.B.A.
Credit rating
Company information
About DAMRC F.M.B.A.
DAMRC F.M.B.A. (CVR number: 33082940) is a company from HERNING. The company reported a net sales of 13.4 mDKK in 2023, demonstrating a growth of 42.2 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 0.1 mDKK), while net earnings were 90.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. DAMRC F.M.B.A.'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 193.28 | 7 845.07 | 8 051.71 | 9 403.94 | 13 374.28 |
Gross profit | 5 751.08 | 5 785.47 | 5 935.47 | 6 312.83 | 10 539.22 |
EBIT | 292.26 | 59.87 | 235.24 | 113.03 | 90.59 |
Net earnings | 285.97 | 47.81 | 222.48 | 99.00 | 90.75 |
Shareholders equity total | 1 508.91 | 1 556.72 | 1 779.20 | 1 878.20 | 1 968.95 |
Balance sheet total (assets) | 4 754.23 | 4 302.27 | 3 191.27 | 5 465.40 | 7 116.61 |
Net debt | - 762.05 | - 534.31 | - 156.76 | -2 908.73 | -2 499.44 |
Profitability | |||||
EBIT-% | 3.6 % | 0.8 % | 2.9 % | 1.2 % | 0.7 % |
ROA | 5.9 % | 1.4 % | 6.3 % | 2.6 % | 1.4 % |
ROE | 20.9 % | 3.1 % | 13.3 % | 5.4 % | 4.7 % |
ROI | 12.7 % | 3.4 % | 14.1 % | 6.2 % | 4.7 % |
Economic value added (EVA) | 269.82 | 22.38 | 183.86 | 31.51 | 142.37 |
Solvency | |||||
Equity ratio | 31.7 % | 36.2 % | 55.8 % | 65.3 % | 37.8 % |
Gearing | 0.1 % | ||||
Relative net indebtedness % | 30.3 % | 28.2 % | 15.6 % | 7.2 % | 19.8 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.7 | 4.8 | 1.7 |
Current ratio | 1.2 | 1.2 | 1.7 | 1.3 | 1.1 |
Cash and cash equivalents | 762.82 | 534.31 | 156.76 | 2 908.73 | 2 499.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.6 | 47.3 | 53.5 | 36.2 | 26.6 |
Net working capital % | 6.9 % | 5.4 % | 12.4 % | 13.0 % | 3.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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