DANICA CORPORATION HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 31764386
Påstrupvej 1, Hagerup 3550 Slangerup

Company information

Official name
DANICA CORPORATION HOLDING A/S
Established
2008
Domicile
Hagerup
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales613.00578.00601.00563.37664.78
Gross profit12.0057.00- 269.0058.75106.80
EBIT- 156.00- 113.00- 441.00- 114.69-64.53
Net earnings1 669.001 011.003 309.00-4 135.651 023.30
Shareholders equity total74 569.001 535.004 844.003 304.784 328.08
Balance sheet total (assets)110 415.00109 433.00111 294.00105 867.4999 308.01
Net debt16 267.0092 428.0086 607.0085 674.7476 066.62
Profitability
EBIT-%-25.4 %-19.6 %-73.4 %-20.4 %-9.7 %
ROA2.6 %2.8 %4.0 %0.4 %2.4 %
ROE2.2 %2.7 %103.7 %-101.5 %26.8 %
ROI2.7 %2.9 %4.0 %0.5 %2.4 %
Economic value added (EVA)-1 137.83-2 588.61947.451 103.511 125.24
Solvency
Equity ratio83.5 %88.8 %87.9 %89.4 %88.8 %
Gearing37.9 %7003.6 %2184.3 %3100.7 %2192.4 %
Relative net indebtedness %3896.4 %16059.0 %14517.3 %15223.8 %11456.1 %
Liquidity
Quick ratio9.140.824.498.993.2
Current ratio9.140.824.498.993.2
Cash and cash equivalents11 961.0015 077.0019 201.0016 796.0718 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 ratingAABBBBBBA

Variable visualization

ROA:2.42%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.8%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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