DET DANSKE KLASSELOTTERI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DET DANSKE KLASSELOTTERI A/S
DET DANSKE KLASSELOTTERI A/S (CVR number: 15976578) is a company from BRØNDBY. The company reported a net sales of 699 mDKK in 2020, demonstrating a growth of 0.2 % compared to the previous year. The operating profit percentage was at 18.7 % (EBIT: 130.5 mDKK), while net earnings were 102.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 48.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. DET DANSKE KLASSELOTTERI A/S's liquidity measured by quick ratio was 6.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 696.98 | 714.29 | 693.21 | 697.83 | 698.99 |
Gross profit | 139.50 | 116.84 | 160.55 | 162.50 | 151.12 |
EBIT | 120.33 | 77.94 | 141.97 | 143.85 | 130.54 |
Net earnings | 97.61 | 62.64 | 112.32 | 108.85 | 102.08 |
Shareholders equity total | 185.77 | 148.41 | 198.73 | 207.58 | 209.65 |
Balance sheet total (assets) | 371.42 | 350.04 | 373.33 | 376.50 | 391.51 |
Net debt | - 337.75 | - 335.03 | - 361.28 | - 357.78 | - 376.24 |
Profitability | |||||
EBIT-% | 17.3 % | 10.9 % | 20.5 % | 20.6 % | 18.7 % |
ROA | 34.2 % | 22.9 % | 40.4 % | 39.4 % | 34.9 % |
ROE | 52.5 % | 37.5 % | 64.7 % | 53.6 % | 48.9 % |
ROI | 66.0 % | 48.1 % | 83.2 % | 72.1 % | 63.8 % |
Economic value added (EVA) | 93.82 | 68.42 | 120.12 | 120.54 | 109.70 |
Solvency | |||||
Equity ratio | 76.2 % | 65.5 % | 78.9 % | 81.7 % | 77.9 % |
Gearing | |||||
Relative net indebtedness % | -22.8 % | -19.0 % | -27.2 % | -27.2 % | -28.0 % |
Liquidity | |||||
Quick ratio | 6.6 | 4.5 | 7.2 | 8.1 | 6.6 |
Current ratio | 1.9 | 1.7 | 2.1 | 2.2 | 2.1 |
Cash and cash equivalents | 337.75 | 335.03 | 361.28 | 357.78 | 376.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.2 | ||||
Net working capital % | -22.8 % | -25.3 % | -19.2 % | -17.7 % | -17.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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