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DANSK GASTEKNIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK GASTEKNIK ApS
DANSK GASTEKNIK ApS (CVR number: 30089774) is a company from HORSENS. The company recorded a gross profit of 794.8 kDKK in 2024. The operating profit was -295.1 kDKK, while net earnings were -331.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.3 %, which can be considered poor and Return on Equity (ROE) was -30.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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. DANSK GASTEKNIK ApS's liquidity measured by quick ratio was 2.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 262.57 | 407.85 | 986.90 | 1 622.17 | 794.79 |
| EBIT | 169.78 | -1 006.71 | -70.28 | 394.01 | - 295.15 |
| Net earnings | 125.23 | - 800.60 | -84.27 | 298.00 | - 331.82 |
| Shareholders equity total | 1 843.58 | 1 042.99 | 958.72 | 1 256.73 | 924.90 |
| Balance sheet total (assets) | 2 819.97 | 1 762.58 | 1 606.81 | 1 840.76 | 1 376.86 |
| Net debt | - 270.15 | -21.63 | 170.99 | - 185.75 | 62.84 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.3 % | -43.9 % | -4.2 % | 22.9 % | -18.3 % |
| ROE | 6.7 % | -55.5 % | -8.4 % | 26.9 % | -30.4 % |
| ROI | 7.7 % | -54.2 % | -5.3 % | 31.4 % | -26.2 % |
| Economic value added (EVA) | 3.57 | - 903.15 | - 130.19 | 239.78 | - 394.69 |
| Solvency | |||||
| Equity ratio | 65.4 % | 59.2 % | 59.7 % | 68.3 % | 67.2 % |
| Gearing | 21.6 % | 33.0 % | 29.6 % | 0.7 % | 6.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.3 | 3.3 | 2.1 | 2.7 | 2.8 |
| Current ratio | 4.3 | 3.3 | 2.1 | 2.7 | 2.8 |
| Cash and cash equivalents | 668.19 | 365.36 | 113.12 | 194.72 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BB |
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