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 0.6 mDKK in 2024, demonstrating a decline of -6.3 % compared to the previous year. The operating profit percentage was poor at -118.7 % (EBIT: -0.7 mDKK), while net earnings were -488.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.1 %, 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 63.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 578.00 | 601.00 | 563.37 | 664.78 | 622.86 |
Gross profit | 57.00 | - 269.00 | 58.75 | 106.80 | - 572.85 |
EBIT | - 113.00 | - 441.00 | - 114.69 | -64.53 | - 739.61 |
Net earnings | 1 011.00 | 3 309.00 | -4 135.65 | 1 023.30 | - 488.33 |
Shareholders equity total | 1 535.00 | 4 844.00 | 3 304.78 | 4 328.08 | 3 839.75 |
Balance sheet total (assets) | 109 433.00 | 111 294.00 | 105 867.49 | 99 308.01 | 79 937.60 |
Net debt | 92 428.00 | 86 607.00 | 85 674.74 | 76 066.62 | 69 539.32 |
Profitability | |||||
EBIT-% | -19.6 % | -73.4 % | -20.4 % | -9.7 % | -118.7 % |
ROA | 2.8 % | 4.0 % | 0.4 % | 2.4 % | -0.1 % |
ROE | 2.7 % | 103.7 % | -101.5 % | 26.8 % | -12.0 % |
ROI | 2.9 % | 4.0 % | 0.5 % | 2.4 % | -0.1 % |
Economic value added (EVA) | -5 245.78 | -5 823.23 | -5 710.64 | -5 367.29 | -5 833.19 |
Solvency | |||||
Equity ratio | 88.8 % | 87.9 % | 89.4 % | 88.8 % | 86.1 % |
Gearing | 7003.6 % | 2184.3 % | 3100.7 % | 2192.4 % | 1979.2 % |
Relative net indebtedness % | 16059.0 % | 14517.3 % | 15223.8 % | 11456.1 % | 11181.1 % |
Liquidity | |||||
Quick ratio | 40.8 | 24.4 | 98.9 | 93.2 | 63.9 |
Current ratio | 40.8 | 24.4 | 98.9 | 93.2 | 63.9 |
Cash and cash equivalents | 15 077.00 | 19 201.00 | 16 796.07 | 18 821.40 | 6 455.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.9 | ||||
Net working capital % | 9134.6 % | 8903.5 % | 9567.3 % | 8988.8 % | 6232.9 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | A | BBB |
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