DVT X Spedition K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DVT X Spedition K/S
DVT X Spedition K/S (CVR number: 38259431) is a company from MORSØ. The company recorded a gross profit of 133.3 kDKK in 2023. The operating profit was -132 kDKK, while net earnings were -131.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.2 %, which can be considered poor and Return on Equity (ROE) was -40.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DVT X Spedition K/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 294.51 | 193.20 | 157.67 | 111.52 | 133.28 |
| EBIT | 125.36 | 8.93 | -55.96 | - 151.89 | - 132.00 |
| Net earnings | -47.63 | 5.70 | -58.91 | - 153.60 | - 131.86 |
| Shareholders equity total | 111.30 | 117.00 | 58.09 | -95.51 | - 227.37 |
| Balance sheet total (assets) | 478.14 | 539.74 | 307.12 | 300.28 | 346.23 |
| Net debt | -55.39 | -84.00 | -26.08 | 155.57 | 281.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.2 % | 1.8 % | -13.2 % | -43.2 % | -27.2 % |
| ROE | -35.3 % | 5.0 % | -67.3 % | -85.7 % | -40.8 % |
| ROI | 27.4 % | 1.8 % | -14.0 % | -44.5 % | -27.5 % |
| Economic value added (EVA) | 128.68 | 23.41 | -37.89 | - 141.97 | - 115.13 |
| Solvency | |||||
| Equity ratio | 23.3 % | 21.7 % | 18.9 % | -24.1 % | -39.6 % |
| Gearing | 309.3 % | 335.5 % | 394.8 % | -414.4 % | -248.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.3 | 1.2 | 0.8 | 0.6 |
| Current ratio | 1.3 | 1.3 | 1.2 | 0.8 | 0.6 |
| Cash and cash equivalents | 399.61 | 476.56 | 255.43 | 240.22 | 282.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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