Damm & Kirk A/S — Credit Rating and Financial Key Figures

CVR number: 13411743
Hastrupvej 9, 8981 Spentrup
post@corebusiness.dk
tel: 53341696

Company information

Official name
Damm & Kirk A/S
Established
1989
Company form
Limited company
Industry

About Damm & Kirk A/S

Damm & Kirk A/S (CVR number: 13411743) is a company from RANDERS. The company recorded a gross profit of 406.7 kDKK in 2024. The operating profit was 406.7 kDKK, while net earnings were 5467.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.3 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Damm & Kirk A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit52.79228.62123.94469.78406.71
EBIT51.53192.1856.49468.03406.71
Net earnings506.937 638.451 078.13161.395 467.57
Shareholders equity total1 373.458 898.909 863.0210 830.6116 176.18
Balance sheet total (assets)2 239.4615 297.1513 557.1513 601.9519 633.03
Net debt-1 235.101 771.003 629.982 480.893 202.12
Profitability
EBIT-%
ROA15.5 %87.9 %8.4 %2.9 %34.3 %
ROE45.3 %148.7 %11.5 %1.6 %40.5 %
ROI15.6 %116.8 %9.9 %2.9 %34.9 %
Economic value added (EVA)- 251.3062.68- 512.03- 316.13- 360.29
Solvency
Equity ratio61.3 %58.2 %72.8 %79.6 %82.4 %
Gearing61.3 %23.5 %37.2 %23.1 %19.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.50.50.91.50.0
Current ratio2.50.50.91.50.0
Cash and cash equivalents2 076.78317.9343.5823.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:34.3%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.4%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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