Dan Element Holding ApS — Credit Rating and Financial Key Figures

CVR number: 25912918
Strandhuse 36, 7900 Nykøbing M
tel: 97592443

Company information

Official name
Dan Element Holding ApS
Established
2001
Company form
Private limited company
Industry

About Dan Element Holding ApS

Dan Element Holding ApS (CVR number: 25912918) is a company from MORSØ. The company reported a net sales of 4.7 mDKK in 2023, demonstrating a decline of -55.5 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 4.7 mDKK), while net earnings were 4641 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Dan Element Holding 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6 342.01-2 286.41-3 585.6510 561.964 699.87
Gross profit6 342.01-2 286.41-3 585.6510 561.964 699.87
EBIT6 238.49-2 313.36-3 617.6810 528.034 681.50
Net earnings6 097.69-2 298.03-3 621.1610 523.204 640.96
Shareholders equity total37 339.4425 041.4121 420.2531 943.4536 584.41
Balance sheet total (assets)37 369.4726 374.9022 852.3637 742.5138 452.45
Net debt-2 226.38555.97659.843 978.22484.95
Profitability
EBIT-%98.4 %99.7 %99.6 %
ROA14.0 %-7.1 %-14.5 %35.7 %12.9 %
ROE13.0 %-7.4 %-15.6 %39.4 %13.5 %
ROI14.3 %-7.1 %-14.5 %36.4 %13.1 %
Economic value added (EVA)7 437.40-2 152.13-3 599.8910 548.314 871.18
Solvency
Equity ratio99.9 %94.9 %93.7 %84.6 %95.1 %
Gearing0.0 %5.2 %6.5 %14.8 %5.0 %
Relative net indebtedness %-34.6 %-25.6 %-19.2 %47.9 %11.0 %
Liquidity
Quick ratio137.71.41.41.11.2
Current ratio137.71.41.41.11.2
Cash and cash equivalents2 226.41747.53742.26737.371 353.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %64.7 %-25.9 %-15.5 %4.9 %9.8 %
Credit risk
Credit ratingAABBBBBBAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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