DANSK DIAMANTBORING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK DIAMANTBORING ApS
DANSK DIAMANTBORING ApS (CVR number: 27244971) is a company from ALBERTSLUND. The company recorded a gross profit of 3614.6 kDKK in 2024. The operating profit was 168.4 kDKK, while net earnings were -29.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. DANSK DIAMANTBORING ApS's liquidity measured by quick ratio was 4.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 246.10 | 4 044.69 | 4 414.11 | 4 133.76 | 3 614.57 |
| EBIT | 668.59 | 660.81 | 953.69 | 758.32 | 168.37 |
| Net earnings | 504.89 | 490.15 | 744.43 | 562.24 | -29.53 |
| Shareholders equity total | 1 472.68 | 1 849.84 | 2 479.87 | 2 924.32 | 2 772.79 |
| Balance sheet total (assets) | 2 737.39 | 2 591.76 | 3 407.84 | 3 811.96 | 3 481.94 |
| Net debt | -1 372.70 | -1 408.46 | -2 051.73 | -2 522.19 | -2 462.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.9 % | 24.8 % | 31.8 % | 21.0 % | 4.6 % |
| ROE | 39.6 % | 29.5 % | 34.4 % | 20.8 % | -1.0 % |
| ROI | 52.4 % | 39.8 % | 44.1 % | 28.1 % | 5.9 % |
| Economic value added (EVA) | 456.87 | 424.45 | 653.71 | 438.29 | -27.40 |
| Solvency | |||||
| Equity ratio | 53.8 % | 71.4 % | 72.8 % | 76.7 % | 79.6 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 3.4 | 3.6 | 4.3 | 4.9 |
| Current ratio | 2.0 | 3.4 | 3.6 | 4.3 | 4.9 |
| Cash and cash equivalents | 1 372.70 | 1 408.46 | 2 051.73 | 2 522.19 | 2 462.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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