DRESSMANN A/S
Credit rating
Company information
About DRESSMANN A/S
DRESSMANN A/S (CVR number: 26688205) is a company from KØBENHAVN. The company reported a net sales of 6.2 mDKK in 2023, demonstrating a decline of -48.6 % compared to the previous year. The operating profit percentage was poor at -70.9 % (EBIT: -4.4 mDKK), while net earnings were -23.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DRESSMANN A/S's liquidity measured by quick ratio was 239.7 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 | 34 285.53 | 10 951.44 | 8 791.30 | 12 032.84 | 6 189.83 |
Gross profit | 8 662.58 | 1 021.72 | 3 914.20 | 3 567.21 | -2 079.07 |
EBIT | -1 572.72 | -1 402.48 | 1 959.24 | 1 119.72 | -4 388.68 |
Net earnings | 24 016.83 | -68 846.16 | 43 995.12 | -29 247.94 | -23 315.52 |
Shareholders equity total | 934 982.37 | 866 136.21 | 910 131.33 | 880 883.39 | 857 567.87 |
Balance sheet total (assets) | 943 329.48 | 869 479.38 | 914 382.89 | 898 905.62 | 861 160.47 |
Net debt | - 765 246.18 | - 727 998.36 | - 782 249.73 | - 749 164.15 | - 856 887.61 |
Profitability | |||||
EBIT-% | -4.6 % | -12.8 % | 22.3 % | 9.3 % | -70.9 % |
ROA | 2.7 % | 0.3 % | 5.3 % | 1.5 % | 6.6 % |
ROE | 2.6 % | -7.6 % | 5.0 % | -3.3 % | -2.7 % |
ROI | 2.8 % | 0.3 % | 5.4 % | 1.5 % | 6.6 % |
Economic value added (EVA) | -9 847.75 | -10 428.08 | -5 117.30 | -5 304.00 | -10 146.64 |
Solvency | |||||
Equity ratio | 99.1 % | 99.6 % | 99.5 % | 98.0 % | 99.6 % |
Gearing | 0.0 % | 0.0 % | 1.9 % | 0.4 % | |
Relative net indebtedness % | -2207.6 % | -6617.0 % | -8850.4 % | -6218.6 % | -13843.2 % |
Liquidity | |||||
Quick ratio | 94.5 | 220.7 | 184.1 | 42.6 | 239.7 |
Current ratio | 95.1 | 221.2 | 184.5 | 42.7 | 239.7 |
Cash and cash equivalents | 765 248.79 | 727 998.36 | 782 316.30 | 766 297.00 | 860 465.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.5 | 299.0 | 2.8 | 8.5 | 2.5 |
Net working capital % | 2292.0 % | 6721.8 % | 8873.9 % | 6239.8 % | 13854.5 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | B |
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