DAN-EESTI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN-EESTI A/S
DAN-EESTI A/S (CVR number: 29203350K) is a company from HOLSTEBRO. The company reported a net sales of 57.2 mDKK in 2023, demonstrating a decline of -14.1 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 4.1 mDKK), while net earnings were 1010.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62 %, 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-EESTI A/S's liquidity measured by quick ratio was 1187.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 41.65 | 41.34 | 66.61 | 57.22 |
Gross profit | 17.61 | 17.38 | 36.56 | 18.92 |
EBIT | 4.51 | 3.41 | 23.89 | 4.07 |
Net earnings | 3.39 | 2.19 | 22.41 | 1.01 |
Shareholders equity total | 76.92 | 82.58 | 115.46 | 118.75 |
Balance sheet total (assets) | 118.40 | 129.09 | 171.70 | 191.61 |
Net debt | 28.10 | 49.72 | ||
Profitability | ||||
EBIT-% | 10.8 % | 8.3 % | 35.9 % | 7.1 % |
ROA | 3.8 % | 2.8 % | 15.9 % | 2.3 % |
ROE | 4.4 % | 2.7 % | 22.6 % | 0.9 % |
ROI | 3.8 % | 2.8 % | 16.3 % | 2.3 % |
Economic value added (EVA) | 4.51 | -0.45 | 19.71 | -3.13 |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 67.2 % | 62.0 % |
Gearing | 36.2 % | 43.3 % | ||
Relative net indebtedness % | 63.9 % | 96.7 % | ||
Liquidity | ||||
Quick ratio | 1.6 | 1 187.6 | ||
Current ratio | 3.8 | 8 271.0 | ||
Cash and cash equivalents | 13.70 | 1.75 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 1.4 | 2.9 | ||
Net working capital % | 40.7 % | 47.0 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | AAA | AAA |
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