DURATEX A/S — Credit Rating and Financial Key Figures

CVR number: 11738710
Fårtoftvej 224 A, 7700 Thisted
hove@bhove.dk
tel: 28728292

Company information

Official name
DURATEX A/S
Established
1946
Company form
Limited company
Industry

About DURATEX A/S

DURATEX A/S (CVR number: 11738710) is a company from THISTED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 1053.1 kDKK, while net earnings were 959 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. DURATEX A/S's liquidity measured by quick ratio was 1.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 009.551 871.291 022.17
EBIT1 009.551 871.291 022.17795.531 053.10
Net earnings775.221 664.15948.17-10 770.78958.96
Shareholders equity total36 288.2237 952.3738 900.5428 129.7529 088.71
Balance sheet total (assets)55 540.8859 257.2855 774.0743 225.7642 084.50
Net debt17 010.7518 560.1013 980.1313 367.6210 512.54
Profitability
EBIT-%
ROA2.3 %4.1 %2.4 %-22.8 %3.5 %
ROE2.2 %4.5 %2.5 %-32.1 %3.4 %
ROI2.4 %4.1 %2.4 %-23.1 %3.5 %
Economic value added (EVA)-1 251.93- 572.10-1 307.98-1 383.74- 733.08
Solvency
Equity ratio65.3 %64.0 %69.7 %65.1 %69.1 %
Gearing46.9 %48.9 %35.9 %47.5 %36.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.21.21.3
Current ratio0.91.11.21.21.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:3.47%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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