Q8 DANMARK A/S
Credit rating
Company information
About Q8 DANMARK A/S
Q8 DANMARK A/S (CVR number: 61082913) is a company from KØBENHAVN. The company reported a net sales of 7027.4 mDKK in 2023, demonstrating a decline of -18 % compared to the previous year. The operating profit percentage was at 3.1 % (EBIT: 215.1 mDKK), while net earnings were 206 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. Q8 DANMARK A/S's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 009.19 | 3 883.82 | 5 797.63 | 8 564.89 | 7 027.36 |
Gross profit | 5 009.19 | 3 883.82 | 5 797.63 | 766.22 | 758.57 |
EBIT | 60.06 | 233.90 | 357.83 | 236.26 | 215.10 |
Net earnings | 47.79 | 182.47 | 281.11 | 182.14 | 206.04 |
Shareholders equity total | 1 656.65 | 1 842.70 | 2 131.38 | 2 290.93 | 2 100.77 |
Balance sheet total (assets) | 2 602.73 | 2 810.53 | 3 409.37 | 3 268.91 | 3 069.07 |
Net debt | 81.70 | 77.53 | |||
Profitability | |||||
EBIT-% | 1.2 % | 6.0 % | 6.2 % | 2.8 % | 3.1 % |
ROA | 2.3 % | 8.6 % | 11.5 % | 7.2 % | 8.1 % |
ROE | 2.9 % | 10.4 % | 14.1 % | 8.2 % | 9.4 % |
ROI | 2.8 % | 8.6 % | 11.5 % | 8.2 % | 11.1 % |
Economic value added (EVA) | -18.54 | 150.65 | 265.23 | 82.94 | 60.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 70.1 % | 68.4 % |
Gearing | 4.9 % | 5.0 % | |||
Relative net indebtedness % | 10.9 % | 13.2 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | |||
Current ratio | 2.2 | 2.1 | |||
Cash and cash equivalents | 30.61 | 26.68 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.1 | 49.9 | |||
Net working capital % | 13.6 % | 15.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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