D.F.N. OLIE AKTIESELSKAB — Credit Rating and Financial Key Figures
Credit rating
Company information
About D.F.N. OLIE AKTIESELSKAB
D.F.N. OLIE AKTIESELSKAB (CVR number: 56365311) is a company from KØBENHAVN. The company recorded a gross profit of -362.2 kUSD in 2023. The operating profit was -364.3 kUSD, while net earnings were -295.3 kUSD. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. D.F.N. OLIE AKTIESELSKAB's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 510.00 | ||||
Gross profit | 198.00 | - 697.59 | - 487.68 | - 294.68 | - 362.22 |
EBIT | - 934.00 | - 801.85 | - 487.68 | - 296.79 | - 364.33 |
Net earnings | - 729.00 | - 836.28 | - 515.83 | - 303.21 | - 295.25 |
Shareholders equity total | 4 263.00 | 3 379.03 | 2 863.21 | 2 559.99 | 2 264.74 |
Balance sheet total (assets) | 6 588.00 | 4 330.98 | 3 815.15 | 3 679.54 | 3 277.93 |
Net debt | -2 644.00 | 221.85 | -1 809.97 | -1 598.37 | -1 385.85 |
Profitability | |||||
EBIT-% | -37.2 % | ||||
ROA | -13.0 % | -14.7 % | -12.0 % | -7.7 % | -7.9 % |
ROE | -15.8 % | -21.9 % | -16.5 % | -11.2 % | -12.2 % |
ROI | -14.6 % | -14.8 % | -12.0 % | -7.7 % | -7.9 % |
Economic value added (EVA) | - 704.28 | - 730.16 | - 620.86 | - 301.94 | - 356.46 |
Solvency | |||||
Equity ratio | 64.7 % | 78.0 % | 75.0 % | 69.6 % | 69.1 % |
Gearing | 52.3 % | 28.1 % | 33.2 % | 43.7 % | 44.7 % |
Relative net indebtedness % | -103.5 % | ||||
Liquidity | |||||
Quick ratio | 2.5 | 3.7 | 3.2 | 2.6 | 2.4 |
Current ratio | 2.5 | 3.7 | 3.2 | 2.6 | 2.4 |
Cash and cash equivalents | 4 874.00 | 728.73 | 2 760.55 | 2 716.54 | 2 397.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 139.7 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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