DANSK REVISION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK REVISION A/S
DANSK REVISION A/S (CVR number: 31071097) is a company from GLOSTRUP. The company reported a net sales of 24.2 mDKK in 2023, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 1.1 mDKK), while net earnings were 770.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANSK REVISION A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 135.60 | 20 240.60 | 21 394.00 | 22 606.00 | 24 235.55 |
Gross profit | 7 423.04 | 8 408.74 | 8 939.00 | 10 902.00 | 11 583.08 |
EBIT | 313.51 | -82.29 | 220.00 | 581.00 | 1 104.57 |
Net earnings | 101.09 | - 143.61 | 130.00 | 333.00 | 770.17 |
Shareholders equity total | 2 728.47 | 2 584.86 | 2 765.00 | 3 098.00 | 3 807.84 |
Balance sheet total (assets) | 13 183.74 | 13 569.13 | 11 058.00 | 11 117.00 | 11 637.66 |
Net debt | 2 426.07 | 2 463.86 | 1 224.00 | 645.00 | 696.09 |
Profitability | |||||
EBIT-% | 1.7 % | -0.4 % | 1.0 % | 2.6 % | 4.6 % |
ROA | 2.5 % | -0.5 % | 1.8 % | 5.2 % | 9.7 % |
ROE | 3.8 % | -5.4 % | 4.9 % | 11.4 % | 22.3 % |
ROI | 4.6 % | -1.0 % | 3.9 % | 12.3 % | 23.3 % |
Economic value added (EVA) | 279.53 | -22.44 | 264.35 | 390.08 | 882.23 |
Solvency | |||||
Equity ratio | 20.7 % | 19.2 % | 25.0 % | 27.9 % | 32.7 % |
Gearing | 88.9 % | 95.3 % | 44.3 % | 20.8 % | 18.3 % |
Relative net indebtedness % | 53.0 % | 50.1 % | 35.5 % | 33.2 % | 29.4 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
Current ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.2 | 50.7 | 50.8 | 49.9 | 54.6 |
Net working capital % | -15.3 % | -15.4 % | -11.0 % | -9.5 % | -7.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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