DANO MAST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANO MAST A/S
DANO MAST A/S (CVR number: 32787088) is a company from VEJEN. The company recorded a gross profit of 5600.2 kDKK in 2024. The operating profit was -879.7 kDKK, while net earnings were -754.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80 %, 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. DANO MAST A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 870.69 | 7 993.93 | 7 620.97 | 7 317.77 | 5 600.23 |
EBIT | 1 501.15 | 1 003.30 | 915.07 | 1 075.03 | - 879.72 |
Net earnings | 1 010.18 | 617.44 | 538.12 | 699.12 | - 754.08 |
Shareholders equity total | 9 756.54 | 10 373.98 | 10 912.10 | 11 611.22 | 10 857.14 |
Balance sheet total (assets) | 16 461.10 | 16 655.71 | 16 729.44 | 17 799.00 | 15 602.35 |
Net debt | 646.34 | 3 060.25 | 1 912.54 | 848.59 | 2 501.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.4 % | 6.1 % | 5.5 % | 6.3 % | -5.0 % |
ROE | 10.9 % | 6.1 % | 5.1 % | 6.2 % | -6.7 % |
ROI | 10.6 % | 6.8 % | 6.0 % | 6.8 % | -5.5 % |
Economic value added (EVA) | 474.06 | 48.48 | -49.11 | 52.53 | -1 499.51 |
Solvency | |||||
Equity ratio | 75.7 % | 78.5 % | 81.4 % | 80.4 % | 80.0 % |
Gearing | 47.7 % | 43.9 % | 38.9 % | 36.6 % | 29.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 2.8 | 3.3 | 3.2 | 1.5 |
Current ratio | 5.8 | 7.0 | 9.0 | 7.1 | 5.9 |
Cash and cash equivalents | 4 006.92 | 1 495.28 | 2 328.24 | 3 403.49 | 677.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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