DANICA CORPORATION HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANICA CORPORATION HOLDING A/S
DANICA CORPORATION HOLDING A/S (CVR number: 31764386) is a company from FREDERIKSSUND. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 18 % compared to the previous year. The operating profit percentage was poor at -9.7 % (EBIT: -0.1 mDKK), while net earnings were 1023.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANICA CORPORATION HOLDING A/S's liquidity measured by quick ratio was 93.2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 613.00 | 578.00 | 601.00 | 563.37 | 664.78 |
Gross profit | 12.00 | 57.00 | - 269.00 | 58.75 | 106.80 |
EBIT | - 156.00 | - 113.00 | - 441.00 | - 114.69 | -64.53 |
Net earnings | 1 669.00 | 1 011.00 | 3 309.00 | -4 135.65 | 1 023.30 |
Shareholders equity total | 74 569.00 | 1 535.00 | 4 844.00 | 3 304.78 | 4 328.08 |
Balance sheet total (assets) | 110 415.00 | 109 433.00 | 111 294.00 | 105 867.49 | 99 308.01 |
Net debt | 16 267.00 | 92 428.00 | 86 607.00 | 85 674.74 | 76 066.62 |
Profitability | |||||
EBIT-% | -25.4 % | -19.6 % | -73.4 % | -20.4 % | -9.7 % |
ROA | 2.6 % | 2.8 % | 4.0 % | 0.4 % | 2.4 % |
ROE | 2.2 % | 2.7 % | 103.7 % | -101.5 % | 26.8 % |
ROI | 2.7 % | 2.9 % | 4.0 % | 0.5 % | 2.4 % |
Economic value added (EVA) | -1 137.83 | -2 588.61 | 947.45 | 1 103.51 | 1 125.24 |
Solvency | |||||
Equity ratio | 83.5 % | 88.8 % | 87.9 % | 89.4 % | 88.8 % |
Gearing | 37.9 % | 7003.6 % | 2184.3 % | 3100.7 % | 2192.4 % |
Relative net indebtedness % | 3896.4 % | 16059.0 % | 14517.3 % | 15223.8 % | 11456.1 % |
Liquidity | |||||
Quick ratio | 9.1 | 40.8 | 24.4 | 98.9 | 93.2 |
Current ratio | 9.1 | 40.8 | 24.4 | 98.9 | 93.2 |
Cash and cash equivalents | 11 961.00 | 15 077.00 | 19 201.00 | 16 796.07 | 18 821.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.9 | ||||
Net working capital % | 8178.1 % | 9134.6 % | 8903.5 % | 9567.3 % | 8988.8 % |
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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