DANCENTER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANCENTER A/S
DANCENTER A/S (CVR number: 67324013) is a company from KØBENHAVN. The company reported a net sales of 458 mDKK in 2024, demonstrating a decline of -23.7 % compared to the previous year. The operating profit percentage was poor at -25.8 % (EBIT: -118 mDKK), while net earnings were -125.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.9 %, which can be considered poor and Return on Equity (ROE) was -33.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANCENTER A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 402.81 | 508.32 | 554.31 | 600.67 | 458.04 |
| Gross profit | 201.34 | 242.59 | 243.18 | 226.60 | 180.73 |
| EBIT | 68.67 | 96.70 | 64.59 | -14.16 | - 118.02 |
| Net earnings | 47.55 | 75.90 | 51.60 | -8.92 | - 125.42 |
| Shareholders equity total | 190.46 | 101.46 | 103.13 | 44.75 | -71.55 |
| Balance sheet total (assets) | 623.98 | 639.50 | 736.76 | 845.12 | 712.13 |
| Net debt | -1.50 | -25.78 | -55.99 | 109.44 | 235.88 |
| Profitability | |||||
| EBIT-% | 17.0 % | 19.0 % | 11.7 % | -2.4 % | -25.8 % |
| ROA | 12.0 % | 17.0 % | 10.9 % | 0.2 % | -13.9 % |
| ROE | 28.5 % | 52.0 % | 50.4 % | -12.1 % | -33.1 % |
| ROI | 31.3 % | 52.7 % | 48.0 % | 0.8 % | -44.6 % |
| Economic value added (EVA) | 39.80 | 55.66 | 36.88 | -18.11 | - 135.28 |
| Solvency | |||||
| Equity ratio | 30.5 % | 15.9 % | 14.0 % | 5.3 % | -9.1 % |
| Gearing | 29.2 % | 42.7 % | 46.3 % | 370.3 % | -403.7 % |
| Relative net indebtedness % | 93.4 % | 92.2 % | 93.9 % | 122.9 % | 158.9 % |
| Liquidity | |||||
| Quick ratio | 1.0 | 0.9 | 0.9 | 0.8 | 0.7 |
| Current ratio | 1.0 | 0.9 | 0.9 | 0.8 | 0.7 |
| Cash and cash equivalents | 57.19 | 69.13 | 103.75 | 56.27 | 52.95 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 226.3 | 274.7 | 277.3 | 270.2 | 248.5 |
| Net working capital % | 4.2 % | -7.4 % | -13.4 % | -29.3 % | -57.5 % |
| Credit risk | |||||
| Credit rating | A | A | BBB | BB | BB |
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