K/S DANSKIB 84
Credit rating
Company information
About K/S DANSKIB 84
K/S DANSKIB 84 (CVR number: 32320910K) is a company from KØBENHAVN. The company reported a net sales of 10.3 mUSD in 2023, demonstrating a decline of -51.9 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -0.4 mUSD), while net earnings were -1434.8 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. K/S DANSKIB 84's liquidity measured by quick ratio was 2 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 financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 18 068.62 | 21 500.83 | 10 346.43 |
Gross profit | 10 063.76 | 12 009.61 | 1 662.18 |
EBIT | 20 783.37 | 4 706.04 | - 370.12 |
Net earnings | 19 614.22 | 3 858.11 | -1 434.84 |
Shareholders equity total | 32 411.69 | 33 269.80 | 22 140.44 |
Balance sheet total (assets) | 52 434.24 | 50 039.35 | 33 813.43 |
Net debt | 16 256.35 | 10 702.11 | 8 678.50 |
Profitability | |||
EBIT-% | 115.0 % | 21.9 % | -3.6 % |
ROA | 39.6 % | 9.3 % | -0.6 % |
ROE | 60.5 % | 11.7 % | -5.2 % |
ROI | 40.4 % | 9.4 % | -0.6 % |
Economic value added (EVA) | 20 783.37 | 2 385.09 | -2 479.20 |
Solvency | |||
Equity ratio | 61.8 % | 66.5 % | 65.5 % |
Gearing | 58.8 % | 47.8 % | 50.1 % |
Relative net indebtedness % | 95.2 % | 53.8 % | 89.4 % |
Liquidity | |||
Quick ratio | 1.2 | 2.6 | 2.0 |
Current ratio | 1.2 | 2.6 | 2.0 |
Cash and cash equivalents | 2 813.66 | 5 197.89 | 2 421.50 |
Capital use efficiency | |||
Trade debtors turnover (days) | 1.4 | ||
Net working capital % | 2.9 % | 20.6 % | 18.0 % |
Credit risk | |||
Credit rating | BBB | A | BBB |
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