DANESTO CHEMICAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANESTO CHEMICAL ApS
DANESTO CHEMICAL ApS (CVR number: 10078261) is a company from GENTOFTE. The company recorded a gross profit of 806.7 kDKK in 2023. The operating profit was 31.7 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. DANESTO CHEMICAL ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 713.10 | 430.84 | 766.96 | 715.84 | 806.72 |
EBIT | 163.10 | 160.84 | 409.96 | 450.84 | 31.72 |
Net earnings | 109.64 | 114.23 | 276.46 | 309.53 | 2.02 |
Shareholders equity total | 388.43 | 502.65 | 729.11 | 1 038.64 | 1 040.66 |
Balance sheet total (assets) | 1 293.35 | 1 338.48 | 2 270.84 | 2 895.36 | 3 211.72 |
Net debt | - 307.99 | - 537.04 | - 104.54 | - 792.88 | -32.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 12.2 % | 22.7 % | 17.5 % | 1.1 % |
ROE | 32.9 % | 25.6 % | 44.9 % | 35.0 % | 0.2 % |
ROI | 48.9 % | 36.1 % | 66.6 % | 51.1 % | 3.2 % |
Economic value added (EVA) | 114.94 | 117.77 | 317.04 | 314.69 | 10.17 |
Solvency | |||||
Equity ratio | 30.0 % | 37.6 % | 32.1 % | 35.9 % | 32.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 0.8 | 1.3 | 1.2 |
Current ratio | 1.4 | 1.6 | 1.5 | 1.6 | 1.5 |
Cash and cash equivalents | 307.99 | 537.04 | 104.54 | 792.88 | 32.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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